Auditing for Managers: The Ultimate Risk Management Tool

These source excerpts focus on auditing for managers, a concept that empowers managers and work teams to perform initial reviews of their own operations, risks, and controls. The text highlights the importance of this self-audit process in identifying and assessing risks, strengthening internal controls, and improving overall governance and accountability within an organization. It contrasts this approach with traditional internal and external audits, emphasizing the value of proactive, embedded risk management and control assessment by those closest to the daily operations. The material also touches upon different audit approaches, the significance of evidence gathering, and the crucial role of culture change in successfully implementing this new auditing philosophy.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-2cR6odLKtjn99EHQ8EmR_v // Spotify: https://open.spotify.com/show/3Z75bmdxiaHuXCsZNrIEvF // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-auditor-the-best-books-reviews/id1808857923 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional