The iconic Larry Sawyer once observed that “few sources of friction within the audit department exceed that caused by the process of report writing.” Sawyer went on to correctly observe, “The most brilliant of analyses and the most productive of audit findings seem to be forgotten during the trauma of report writing.” In my view, these are some of the wisest comments Sawyer (or any other practitioner or academic) ever uttered about internal auditing.
After almost 36 years as an internal auditor, I am not sure that as a profession we are any more proficient in publishing timely and well-written audit reports than we were the day I first “donned my internal audit spurs.” As Sawyer noted, the reasons for committing “reportable offenses” are many:
If we are to successfully navigate the current environment in which stakeholders expect more of us despite our reduced resources, then we must tackle our inefficient processes. None are more obvious targets than report writing, where many audit departments spend more time finalizing a report than the audit took to complete. I have been evangelizing on this topic for the past 15 years. Among the effective strategies to reducing report “cycle time” that I have observed, include:
Granted, these “sound bite” solutions are easier said than done. However, report writing is a core internal audit process in dire need of reengineering. We cannot maintain the hard-won stature of the past decade if we ignore opportunities to deliver timely and relevant information to key stakeholders. Failure to deliver timely audit results is not an option.
As the great playwright George Bernard Shaw once observed, “Better never than late.”