Insight

Adapting Agile to internal audit

Adoption of Agile is not an all or nothing strategy. Explore how agile can be fit for purpose in IA.

Michael A. Smith

Michael A. Smith

Partner, Advisory, and U.S. Internal Audit Solution Leader, KPMG US

+1 214-840-6019

Richard Knight

Richard Knight

Principal, Advisory, and U.S. IT-Internal Audit Solutions Leader, Technology Risk Management, KPMG US

+1 703-286-8393

Adoption of Agile is not an all or nothing strategy. With the value of Internal Audit (IA) on the line, are you willing to explore how Agile can be fit for purpose? The marketplace has proven that IA functions need to pivot and adjust their priorities and methods to match dynamic business conditions. If IA is not aligned with the velocity of risk and modernization of the enterprise, the value of the IA function will diminish. KPMG believes that for each organization Agile adoption should meet them where they are culturally and in the domains they require it. At the end of the day, a more proactive, productive, and value-driven IA department is most everyone’s goal. At the center of our point of view is our Agile Manifesto, inspired by the Agile framework, and summarized with the following tenets:

  • empowered teams over hierarchical attitudes 
  • nimble, heads-up collaboration over rigid, heads-down processes 
  • timely insights over checking the box 
  • succinct, impactful reporting over lengthy, fruitless reports
  • driving change over communicating observations

 

Adapting Agile to internal audit
Adoption of Agile is not an all or nothing strategy. Explore how agile can be fit for purpose in IA.