Don't forget to add value

It's no secret—audit can be synonymous with micromanagement. Make sure that when you are working with your audit team, you don't spend valuable time micromanaging the process. You have value to add, so add it. Adopt an efficient workflow process that you can trust, and stick to it.

Plan, plan, and plan some more

Outlining an explicit path from the beginning will ensure that your time is spent where it should be. Start planning early, so you don't waste time figuring out a plan later. Your goal is to provide a consulting engagement to help senior management get to the root of the problem.

Keep the big picture in mind

Increase the efficiency and effectiveness of your documentation and reporting to the audit committee. Stop hunting for numbers. Instead, report up-to-date numbers to your audit committee with ease. Create reports and dashboards that automatically update—allowing you to get back to analysis.

Worry about scope creep

When something unexpected turns up, how will you handle it? Have a plan in place before a surprise occurs, so you and your team will know how to resolve the situation efficiently and effectively.

Eliminate stress of massive audit reports

No executive has time to read a report the length of a novel. Spend time working on a real-time, executive-level dashboard that features key metrics and processes. Increase visibility across your organization, and make your reports easier to manage.