Remote Auditing - Front Cover

How to Master Remote Auditing

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Audit services typically involve a significant amount of time spent at the client site, working closely with the finance function. That model is no longer essential to delivering audit services due to significant advances in the technology used in both finance and auditing.

In its simplest form, the concept of remote auditing relates to the performance of audit services with minimal or no time on site with the client.

Such an approach fundamentally shifts established principals. For example, geographical location is no longer a key consideration when attracting clients and less time is required for staff commuting reduces the cost of service delivery.

This guide has been developed to help teams understand and implement the techniques necessary for successful remote auditing practices, continuing to perform effective, high quality audit services which deliver value to clients.

These tips and techniques come from our experience over many years performing audits remotely. They will help you work in new, more flexible ways to provide more challenging and interesting work to your teams.

Client Collaboration

1. Information Request

2. File Exchange

3. Project Management

4. Portfolio Working

Data Analytics

5. Obtaining Transactional Data

6. Focusing on Risk

7. Smarter Sampling

8. Fraud and Management Override

9. Revenue Testing

10. Client Deliverables

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