Now is the perfect time to continue to improve your skills. The job market is unpredictable, mass layoffs and hiring freezes are becoming more frequent, and internal audit departments are constantly asked to be more agile and do more work with fewer resources. In order to be successful as an internal auditor, you must do everything in your power to stand out. Here are some practical methods that can help you tremendously.
Don’t Be Afraid To Ask Questions
It’s important to be curious as an auditor, and you can practice that skill by staying on top of industry and audit trends. Reading blogs from sources like AuditBoard, Protiviti, and the Wall Street Journal is a great way to stay caught up on audit trends without having to dedicate too much time.
Break Free From the Audit Bubble
A lot of internal auditors stay close to their team and don’t network within their organization. If you have built professional relationships with others, call them whenever you need advice. You’ll get access to info you can’t pick up on your own. Take time to get coffee with those who have been recognized within the company for 10+ years.
Build Bridges Between Stakeholders
It’s likely you developed contacts even if you didn’t break out of the audit bubble. Internal auditors are the only team that cuts across all functions in an organization, which makes them a valuable resource for your stakeholders. Use your network to help control owners figure out how to do stuff better.
Become a Better Communicator
The internal auditor should be a good communicator. Standardize communication whenever possible. When discussing audit findings, don’t accuse, just talk about them. As soon as the issue’s confirmed, we should communicate with confidence and fully supported facts.
Take Advantage of Technology
Take advantage of technology to streamline your reviews, requests, and reporting. Make sure your written communication is error-free by using online apps. Create templates for test sheets, audit reports, audit committee slides, training guides, and sampling methodologies so they can be repeatable and more consistent.
Finally, evaluate yourself. Once you figure out your strengths and weaknesses, you can focus on improving. If you put in the effort, you’ll become a better auditor.