Be Forward Looking.

Author:Fowler, Rick
Position::Reader Forum - Letter to the editor
 
FREE EXCERPT

As auditors, we can look at risk management and present a forward-looking review. If we focus on decision-making, we will be reverting to a reactive, backward-facing review. Decision makers often have to make their decisions based on imperfect and incomplete information. To make that an audit finding does not improve the organization and does not inform management. Our current audit focus on achieving objectives and...

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