A process auditing its main benefit is the increase in the performance of a company. Thus, the audit seeks to identify points of non-compliance between what is established in its internal policies and what occurs in practice, to then suggest opportunities for improvement. That being the case, process auditing it is already seen as a business practice, even in cases of suspicion about irregularities in the functioning of the organization.
A process auditing does not focus its attention on the areas of the organization, but on the activities they carry out. In doing so, it helps organizations to verify gaps that need to be filled and indicate correction needs to improve productivity and business performance. It is an advisory activity and not a purely supervisory activity.
Evaluating the work of management, which is responsible for continuous improvement, is one of the main functions of process auditing, whose checks permeate topics such as factors that negatively affect the success of a process, whether the objectives related to the process have been established and whether they are being achieved, whether there is harmony between the process and the business strategy, whether the resources that the process requires for its objectives are available, whether efficiency is being monitored, among others. By verifying these and other aspects, process auditing is able to identify possible vulnerabilities that may harm the organization.
A process auditing brings performance and security to the business, playing an evaluative role in both the processes described vs processes executed, how many of those involved in these processes, whether they have sufficient knowledge to execute them and whether the technologies used meet the organization's needs. This existing dynamism, necessary to sustain companies in the current economy, means that not only an opinion on the financial statements is important, but also a report identifying problems and suggesting operational improvements.
Contact TATICCA — ALLINIAL GLOBAL, which provides integrated auditing, accounting, tax services, corporate finance, Financial Advisory, Risk Advisory, technology, business consulting and training. For more information, visit www.taticca.com.br or email taticca@taticca.com.br. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.