What Do Boards Want From Audit? 6 Ways Auditors Can Guide Business Strategy

Considering the “third line of defence,” it’s the job of the audit team to remain independent from the rest of the organisation while they objectively monitor the work of all other teams, keeping the company in line with laws, regulations and shareholder expectations.

As businesses strive to meet today’s challenges, many boards rely on the unique insights of their audit teams to help guide overall strategy — and auditors are equally eager to demonstrate their value.

This guide explores what boards really want from audit teams, as well as six ways audit committees can answer board questions and drive their businesses forward.