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Lean in Audit

Lean in Audit

An innovative approach leading to enhanced value and quality.

An innovative approach leading to enhanced value and quality.

Today’s organisations are wondering if the audit can go beyond the regulatory checklist to deliver something more—without demanding a lot more investment. With its Lean in AuditTM offering, KPMG is answering in the affirmative.

Our unique approach, Lean in Audit further improves audit value, quality and productivity to help deliver real insight for our clients. It allows organisations to independently leverage new insights to help increase finance function efficiency, close controls gaps, improve communication between finance and operations, and execute tangible business improvements.

By implementing a variety of collaborative methods, such as multifunctional workshops and visual walkthroughs of key financial processes, Lean in Audit helps ensure that a range of organisational audit stakeholders contribute to the discussion. The advantage is two-pronged. First, the auditor may greatly enhance their organisational knowledge and understanding, enabling deeper analysis focused on key risk areas, ultimately improving overall audit quality. Second, the organisation may stand to enhance its service or product quality, heighten customer satisfaction, lower costs, increase overall productivity and profitability, and gain incremental audit value year-over-year as a continuous, sustainable improvement culture develops. 

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