Audit Agility: Conceptual Framework
DOI:
https://doi.org/10.56830/IJGMBS06202302Keywords:
Audit Agility, Seasoned Auditors, Agile Environment, Traditional AuditingAbstract
This study deals with the conceptual framework of agile audit, the agile methodology is especially well suited for complicated audits that call for a concentrated team and seasoned auditors to adhere to shorter audit cycles and speedier service delivery to its clients. Agile is a method for re-evaluating how teams approach projects or smaller tasks. Rapid adaptation to internal and external contexts is a key component of agility, which can enhance operational performance. An agile strategy improves communication since it may use the most recent communication technologies and face-to-face conversation. The agile environment "encourages developers to partially complete work to the product owner and other stakeholders as a sprint advances," according to Deloitte The potential of an agile strategy to reduce the amount of time between planning and product delivery is one of its traits. According to KPMG's 2019 report, integrating agile approaches may help firms' internal audit and control functions be more valuable. It's possible to combine the system with other risk and compliance software
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