Providing audit services is a great task, especially in the midst of the busy audit season. As the battle for talents gets tougher in the industry, some companies are finding new ways on how they can deliver quality audit solutions .

The audit season is coming in fast. Your audit managers are now setting up their plans to prepare the entire firm for the days ahead. As an audit professional, it is also part of your job to make your own preparations. Here are some things you should include in your to-do list to help you succeed in the audit busy season.

Since Donald Trump assumed the Presidency of the United States in 2017, many were troubled that the outsourcing industry will take a huge hit. The “America First” policy has placed restrictions in companies that seek to gather talent resources from countries other than the United States. On the other side of the Atlantic, the EU’s GDPR rollout has made it more difficult for outsourcing firms to process and/or manage data from EU citizens.

The audit season is just around the corner. In time, your people will all be occupied with their own tasks. As always, the season stretches everyone’s capabilities, which might result in productivity burns and decreased efficiency. The audit management has the responsibility to keep their people at the top of their game especially in crucial situations. Here are helpful advice in increasing your audit productivity .

The General Data Protection Regulation (GDPR) of the European Union has set the newest standard in data management and privacy rights not just in Europe, but everywhere else in the world. Companies have now made their moves to comply with the EU’s directive and avoid the hefty fines. As the buzz with the GDPR dies down, it is important to think of the next steps that finance professionals and their teams should take as authorities continue to enhance financial services cyber security measures.

  Whether you are a seasoned auditor or just starting in the profession, learning new skills is important to anyone who wants to take their career up the ladder. However, the evolving industry requires more than just the traditional skills expected from internal auditors. Soft skills are now becoming more relevant to the work of auditors.