Security News > 2021 > September > Audit effectiveness and talent retention at risk as hybrid auditing becomes the new norm

Audit effectiveness and talent retention at risk as hybrid auditing becomes the new norm
2021-09-07 03:00

Audit functions that fail to adapt well to hybrid auditing risk a loss of effectiveness and influence at a time when real-time assurance has never been more vital to the wider organization, according to Gartner.

With hybrid audit engagements here to stay for the foreseeable future, audit leaders must ensure audit processes are still effective and staff remain engaged.

"Audit leaders had to switch abruptly to remote audits during the pandemic and Chief Audit Executives tell us they expect hybrid auditing to become the norm, regardless of the pace of reopening, given the many benefits," said Malcolm Murray, chief of research in the Gartner Risk & Audit practice.

"Now is the time to codify best practices when it comes to hybrid auditing and ensure audit leaders have a plan in place to capture those new benefits, while compensating for the lost benefits of a full-time, in-person audit practice."

Experts have identified the best practices to solve the challenges of a hybrid audit environment relating to overall audit effectiveness, technology considerations and staff engagement and training.

Audit leaders should set up a system for grading audits by ability to conduct remotely, this should include triggers for such as management changes, previous poor audit results and new acquisitions.


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