Agile Auditing in the New Next

Agile Auditing provides Internal Audit the opportunity to pragmatically address the New Next.

Volatility is the new norm across virtually all industries and business functions. We must demonstrate agility in navigating new waters. Agile Auditing provides Internal Audit the opportunity to pragmatically address the New Next.

Man and women sit discussing behind laptop

What is Agile Methodology?

The agile methodology is an approach to project management initially developed in the software industry to adapt quickly to market and technology change. Agile sought to address this challenge, reduce risks, costs, and incorporate feedback for an iterative approach to software development. Subsequently, agile has been adopted and implemented by numerous industries and business functions, including Internal Auditing.

Basic premise... 'Agile Manifesto'

Agile Manifesto


Why Apply Agile to Internal Auditing?

Internal audit cannot anticipate or predict today's changing landscape of geopolitical, market, competition, regulatory, supply chain, natural disaster, pandemic, and cybersecurity threats. There is a demand to respond to emerging business needs. Traditional internal auditing does not provide the necessary flexibility to adapt to a changing risk profile. To provide valuable and timely insights to the organization and be a trusted and strategic business advisor, Internal Audit has to adopt a more agile and iterative approach.

Internal audit must address:

  • Stakeholders' escalating expectations of adding more value
    • The shift towards anticipating significant risks - identify risks before they happen
    • Prioritize what is important
    • Ensure findings focus on the impact on the organization
    • Be a trusted business advisor
  • Connect better with stakeholders
  • Improve efficiency - reduce cycle time to complete audits
  • Internal Audit competes for budget dollars - do more with less
  • Attract, retain, and deploy the best Internal Audit talent
    • Access to applicable skills
    • Career development


How does Agile Auditing differ from traditional internal auditing?

Traditional internal auditing with the planning, fieldwork, review, and reporting stages can take eight weeks or more. However, agile auditing is more flexible and centers around a fluid, iterative planning, and ongoing process and is less rigid than traditional internal auditing. With agile auditing, each phase (sprint) is completed in a shorter time frame and focuses on collaboration and communication between the audit team and stakeholder.

traditional vs agile auditing


What are the Benefits of Agile Auditing?

Agile auditing has numerous benefits when appropriately tailored to meet the Organization and Internal Audit’s specific needs and objectives.

Agile Auditing Benefits


How does an Internal Audit organization get started?

An Internal Audit organization must start with an open mind to change and communication. Remember, one size does not fit all. Steps in developing an agile framework may consist of:

Getting Started with Agile Auditing


Jeffrey Butler
Regional Practice Director, Risk & Compliance
+1 972 892 9093
[email protected]

About the Author
Jeff has over 25 years executive management and professional services consulting experience in a variety of industries. His global business experience includes risk management, internal audit, Sarbanes-Oxley compliance, information technology audit and governance, Business Continuity Management (BCM), Enterprise Risk Management (ERM), and business and IT strategy development.