Benefits and Dangers of Immediate Communication on the Audit Staff

If you have a stakeholder in an taxation, you should consider the huge benefits and hazards of direct communication of your audit staff. Oftentimes, a stakeholder might disagree with all the auditors’ observations and feel tricked. If this is the case, the auditors will strive to clarify their position and still provide context for observations. They may also strive to gather extra facts or evidence to aid their results. While immediate communication with stakeholders is important, it must be reinforced with the desire for independence.

The audit group should speak with the organization on an recurring basis. For instance , the team should discuss the way the audit can become conducted, what issues will probably be discussed and which areas will be controlled by the examine. In addition , they need to discuss the scope on the audit, conditions used, and management’s responsibility in the subject area. It is important to maintain very good relations while using the entity, playing comments and discussing complications as they arise. The examine team’s aim is to deliver an objective and fair report to the enterprise.

On-site audits often present the greatest concern for direct communication. Only a few team members happen to be seated by their personal computers, and cell phone signals may not be strong enough to allow private chats. Furthermore, the schedule is often so restricted, team discussions must wait until scheduled workforce meetings. Subsequently, follow-up about audit paths may be late. This is why successful communication amongst the audit group and the operations team is really so important.

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