1. Lean Auditing CIPFA NW Audit Group 1 st – 3 rd March 2013

2. Lean Auditing – what is it ? A self-audit Visibly improving the efficiency and effectiveness of the audit service. How to perform audit projects better, smarter, faster

3. Lean Auditing – why ? Reduced resources, spread more thinly Same coverage Increased risks ?

4. Lean Auditing – how ? Your thoughts please What ideas do you have that could make your audit service more efficient or effective ?

5. Lean Auditing – how ? Engage with CX and statutory officers Senior management engagement – minimise PAR time, understand their priorities + concerns Analytics to support risk assessments Data analysis tools (IDEA, ACL etc) Analysis of audit time: planning, fieldwork, report, follow up, supervisory time needed. Reduce time allocations for audits – formally approve extensions Auditors understand the costs of their projects “Stop and go” auditing Directors’ assurance statements CRSA Procurement framework IT environment Collaborate Outsource / buy in specialist skills Develop Income streams

6. Lean Auditing – how ?(contd) Develop deadlines culture for auditors and auditees Ongoing reporting - feed them “nuggets” More dialogue – with client and with supervisor, throughout each project Trim / tailor reports according to what works with each client No recommendations – ask managers to compile their own solutions, in action plan format (it’s their problem) Joined up assurances – highlight / rely on other sources of assurance Confident auditing comes from confident leadership Emphasise the Value added, especially through annual report

7. Lean Auditing – other benefits Quicker turnaround Reduced costs / more coverage for clients Improved client engagement Improved image, placement and visibility of the service Improved morale and confidence Seen to be leading by example

8. Thank you Any questions ? Martyn.kenyon@wigan.gov.uk 01942 827550