Lean Auditing is a practical guide to maximising valueand efficiency in internal audit through the application of leantechniques. It is an ideal book for anyone interested inunderstanding what progressive, value adding audit can be like. Itis also ideal for anyone wondering whether audit activities can bestreamlined or better co-ordinated with other activities.
The book contains practical advise from the author's experienceas CAE of AstraZeneca PLC; from his work as a consultantspecializing in this field; as well as insights from leading CAEsin the UK, US and elsewhere. In addition, there are importantinsights from thought leaders such as Richard Chambers (IIA US) andNorman Marks (GRC thought leader) and Chris Baker (TechnicalManager of the IIA UK).
Increasing pressure on resources is driving a need for greaterefficiency in all areas of business, and Internal Audit is noexception. Lean techniques can help streamline the workflow, buthaving only recently been applied to IA, lack the guidanceavailable for other techniques. Lean Auditing fills thisneed by combining expert instruction and actionable advice thathelps Internal Auditors:
- Benchmark their efficiency against lean ways of working
- Understand warning signs of waste and lower added value
- Understanding practical ways of working that improve addedvalue and reduce waste
- Gain confidence about progressive ways of working in internalaudit
- Understand how improved ways of working in audit can positivelyimpact the culture of the wider organization
One of the keys to the lean audit is finding out exactly whatthe stakeholder wants, and eliminating everything else. Scalingback certain operations can delineate audit from advisory, and inthe process, dramatically improve crucial outcomes. To this end,Lean Auditing is the key to IA efficiency.