Introduction of Scrum Framework in Agile Internal Audit

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What clients had to say about Scrum

One large consumer retailer’s pilot team was uncomfortable about not planning the entire audit in advance. They questioned how they could start work before they had completed a comprehensive risk and control matrix (RCM). However, around six weeks in, they realized that building a complete RCM would have resulted in spending time on relatively unimportant risks.

The consumer retailer’s audit vice president commented,

While they developed a thorough understanding of risk as the audit progressed, the idea of a continually prioritized backlog enabled them to direct more effort toward the risks that mattered most and eliminate time wasted on smaller risks.

This redirection of effort led to delivering audits that delivered greater business impact and which stakeholders found more valuable.

At a large financial institution, a key issue was helping junior auditors connect their individual tasks to the bigger picture of the value and purpose of the audit. Sprint Planning, an Agile event that requires all team members to commit to work in the context of a…

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