How Audits Should Work

By: Tim McCutcheonTimMccutcheon

Audit time doesn’t have to be all that stressful. Honestly. What follows is a solution to ensure the most zen-like audit you’ve ever experienced.

Start by adopting the right mind-set so that your thoughts, which rule your actions, match the underlying reality of the audit cycle and the way audits actually get done. Stephen Covey, best-selling author of The 7 Habits of Highly Effective People, suggested we all should ask ourselves the question, “Is real life more like school, or the farm?” At school, it’s sometimes possible to slack off for a while, then cram the night before the exam, and still get by with a passing grade. Does that work on the farmto slack offthen at the last minute till the soil, plant the seeds, water the plants, pull the weeds, and grow the crops the night before the harvest?

Well, duh. Of course not. So why this comparison? Because the audit engagement is like the farm. The lesson is that you can reduce, if not eliminate, audit stress by being the farmer, tending your crops throughout the year so that when harvest time arrives, you are ready to enjoy the bountiful fruits of your labor.

For the ABC steps you can take to get the most from your audit with the least stress read the full article here

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