Agile IA includes process improvements, team-based iterative planning, sprints (time-boxed work increments), daily stand-up meetings, project collaboration with stakeholders, and iterative releases of work products.
Common features of Agile IA:
- Focus on value for the organization (rather than audit objectives)
- Enhanced client collaboration (part of project team)
- Iterative planning, execution, and reporting
- Time-boxed discipline (fixed work cycles)
- Self-organizing audit teams
- Timely audit insights and risk responses (real-time feedback)
- Fewer disagreements about audit outcomes between audit team
and audit client - Documentation rationalization (simplification of workpapers)
