Agile for Internal Auditing: A Study on a Company in the Turkish Financial Sector

In recent years, agile transformation (which was created for project management methodology in software development processes), has become popular among internal audit functions, as well as other business areas. An agile internal audit function represents more flexible audit planning, more structured relations with shareholders and better process improvement efforts in audit processes to be able to respond quicker to newly emerging risks in the company. The purpose of this study is clarify the meaning of agility in internal audit functions and to provide a self-assessment questionnaire. In this study, after a short description of internal auditing and agility concepts, agile practices in internal audit are explained. The last section summarizes the study results obtained from a company operating in the Turkish financial services sector. The self-assessment questionnaire is applied to the internal audit function of the company and the results obtained are analyzed