Majority of Insurers Have Not Adopted Agile Methodologies Within Internal Audit Function
A flash poll conducted by
"Internal audit is in a state of transformation, especially in the insurance industry where innovations are bigger, faster, and require quicker and more fluid responses,"
"Agile methodologies have been around for a while, but it is finally starting to be incorporated into areas outside of software development within recent years,"
Baker Tilly recently held an educational webinar, Internal audit in insurance organizations: Driving value through continuous risk assessment and agile plan delivery, to assist insurers learn about agile methods and its applicability to internal auditing in insurance organizations.
The webinar presenters discussed:
* Agile methods and applicability to internal auditing
* Methods for bridging the gap from the current state audit approach and implementation of continuous risk assessment and agile audit planning
* Agile methods to the internal audit planning cycle and audit and advisory engagements
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