Agile Audit Transformation and Beyond
Auditing at the speed of risk requires internal auditors to rethink the way we work. Agile auditing provides a path forward that blends the best elements from agile project management and internal audit best practices.

Leaders in internal audit are ready to incorporate an agile audit mindset in their departments, but most of the available resources provide theoretical ideas. Even when outside consultants lead an agile transition, the consultants primarily focus on adding agile ceremonies without addressing the fundamental mindset change required for an agile audit transformation. This book provides a practical guide for audit leaders to follow as a playbook for implementing agile across their department, impacting every facet of the audit lifecycle, and addressing the mental shift required for making a lasting change. Every chapter includes discussion questions to facilitate discourse or just to help you analyze your own department. Next, we look at a typical internal audit department as they attempt the transition from a traditional audit methodology to agile auditing so we can learn from their missteps and successes.

The guidance in Agile Audit Transformation and Beyond includes the basics of agile auditing, practical directions for shifting each phase of the audit life cycle, common hurdles faced during the transition, and forward-looking thought leadership on expanding beyond internal audit into agile assurance.

"1140807376"
Agile Audit Transformation and Beyond
Auditing at the speed of risk requires internal auditors to rethink the way we work. Agile auditing provides a path forward that blends the best elements from agile project management and internal audit best practices.

Leaders in internal audit are ready to incorporate an agile audit mindset in their departments, but most of the available resources provide theoretical ideas. Even when outside consultants lead an agile transition, the consultants primarily focus on adding agile ceremonies without addressing the fundamental mindset change required for an agile audit transformation. This book provides a practical guide for audit leaders to follow as a playbook for implementing agile across their department, impacting every facet of the audit lifecycle, and addressing the mental shift required for making a lasting change. Every chapter includes discussion questions to facilitate discourse or just to help you analyze your own department. Next, we look at a typical internal audit department as they attempt the transition from a traditional audit methodology to agile auditing so we can learn from their missteps and successes.

The guidance in Agile Audit Transformation and Beyond includes the basics of agile auditing, practical directions for shifting each phase of the audit life cycle, common hurdles faced during the transition, and forward-looking thought leadership on expanding beyond internal audit into agile assurance.

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Agile Audit Transformation and Beyond

Agile Audit Transformation and Beyond

by Toby DeRoche
Agile Audit Transformation and Beyond

Agile Audit Transformation and Beyond

by Toby DeRoche

Hardcover

$75.00 
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Overview

Auditing at the speed of risk requires internal auditors to rethink the way we work. Agile auditing provides a path forward that blends the best elements from agile project management and internal audit best practices.

Leaders in internal audit are ready to incorporate an agile audit mindset in their departments, but most of the available resources provide theoretical ideas. Even when outside consultants lead an agile transition, the consultants primarily focus on adding agile ceremonies without addressing the fundamental mindset change required for an agile audit transformation. This book provides a practical guide for audit leaders to follow as a playbook for implementing agile across their department, impacting every facet of the audit lifecycle, and addressing the mental shift required for making a lasting change. Every chapter includes discussion questions to facilitate discourse or just to help you analyze your own department. Next, we look at a typical internal audit department as they attempt the transition from a traditional audit methodology to agile auditing so we can learn from their missteps and successes.

The guidance in Agile Audit Transformation and Beyond includes the basics of agile auditing, practical directions for shifting each phase of the audit life cycle, common hurdles faced during the transition, and forward-looking thought leadership on expanding beyond internal audit into agile assurance.


Product Details

ISBN-13: 9781032062891
Publisher: CRC Press
Publication date: 07/13/2022
Series: Security, Audit and Leadership Series
Pages: 140
Product dimensions: 6.12(w) x 9.19(h) x (d)

About the Author

Toby DeRoche focuses his career advising governance and assurance professionals on solutions to their audit, risk, and compliance needs. As a credentialed subject matter expert, Toby assists organizations improve their internal audit, risk management, and compliance functions. He is also an experienced author and presenter, having delivered nearly 100 presentations to audit, risk, and fraud professionals. Toby is a Certified Internal Auditor (CIA) with an MBA and Internal Audit specialization from Louisiana State University. He is also certified in Agile Audit (cAAP), SAFe Agile (SA), Control Self-Assessment (CCSA), Risk Management Assurance (CRMA), Internal Control Auditing (CICA), and Fraud Examination (CFE). Toby's professional background includes over 15 years in internal audit, fraud examination, and technology enablement consulting. He is also an experienced speaker and prolific writer having delivered 16 whitepapers, 40 blogs, and nearly 100 presentations on audit, risk, and fraud topics. As the founder of Insight CPE, LLC, Toby is dedicated to audit, risk, and fraud professionals' continued education. In this role, he partnered with cRisk Academy to create the Certified Agile Auditor Professional (cAAP) course, the first of its kind in the world.

Table of Contents

Chapter 1 Defining Agile Audit 1

What Is Agile Auditing? 1

Agile Audit Transition 3

Agile Audit Benefits 5

Agile Roles and Audit Equivalents 6

Agile Terms and Audit Equivalents 9

Discussion Questions 11

Case Study 12

Chapter 2 Assessing Readiness 15

Assessing Your Department 15

Understanding Your Culture 19

Avoiding Common Transition Pitfalls 19

Discussion Questions 22

Case Study 23

Chapter 3 Agile Audit Lifecycle 25

Traditional vs. Agile Audit Lifecycle 25

Agile Audit Risk Assessment 28

Agile Audit Plan 28

Agile Audit Capacity Planning and Scheduling 28

Agile Audit Execution 28

Agile Audit Reporting 29

Discussion Questions 29

Case Study 30

Chapter 4 Agile Audit Risk Assessment 31

Rethinking the Audit Universe 31

Starting with Strategic Risks 33

Incorporating Emerging Risks 33

Management Interviews 35

Risk Self-Assessments 36

Performing the Assessment 36

Discussion Questions 41

Case Study 42

Chapter 5 Agile Audit Planning 45

Backlog Development 45

User Story Development 45

Audit Prioritization 46

Capacity Planning 46

Scheduling Timeboxing 47

Team Member Selection 48

Including SMEs 49

Discussion Questions 49

Case Study 50

Chapter 6 Agile Audit Execution 53

Organizing the Audit 53

Managing the Audit Engagement 53

Auditing in Sprints 56

Daily Standup Meetings 57

Managing the Audit Team 59

Sprint Reviews with Management 59

Discussion Questions 61

Case Study 61

Chapter 7 Agile Audit Reporting 63

Audit Engagement Reporting 63

Audit Committee Reporting 64

Audit Results Visualization 65

Reporting Within the Timebox 65

Agile Audit Committee Frequency 65

Agile Audit Committee Format 66

Presentation Development 66

Discussion Questions 66

Case Study 66

Chapter 8 Transition to Agile Audit 69

Selling Agile Internally 69

Establishing Your Agile Transition Objective 69

Building a High Performing Team 71

Training the Audit Management Team 72

Training the Agile Audit Team 72

Piloting the Risk Assessment through Planning 73

Piloting Audit Execution 73

Piloting Reporting 73

Measuring Your Progress 73

Embedding the Mindset 74

The Role of Agile Certifications 74

Discussion Questions 76

Case Study 77

Chapter 9 Planning for Agile Assurance 79

An Agile Audit Maturity Model 79

Moving Up the Maturity Model 80

Planning for Future Growth 81

Expanding Through Agile Assurance 82

Embracing Technology Enablement 86

Anticipating Technology Advancement 87

Discussion Questions 88

Case Study 88

Chapter 10 The Way Forward 91

Taking the First Step 91

Planning for Mistakes 91

Assessing the Benefits 92

Chapter 11 Meeting The IIA Standards 93

The Standards 93

Appendix and Glossary 103

Audit Maturity Assessment 103

Articulating Your Agile Audit Maturity Plan 106

Agile Transformation Example Project Plan 109

Glossary 116

Index 129

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