shops are uniquely challenged. Thin resources, tight budgets, and the scope of modern-day internal audit activities make delivery of such services more than difficult at times.Strategies for Small Audit Shops will help you: Tailor the general audit principles of best practices to fit the needs of small audit shops. Implement a strong mission statement that encompasses responsibilities and scope of services. Improve performance and proficiency. Understand the importance of risk assessment in audit planning. Utilize an effective risk management strategy to optimize resources. Maximize the benefits of co-sourcing. Recognize the advantages of being small.

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