Auditing: is there a need for great new ideas?

Abstract

The evolving nature of auditing requires that we, as practitioners, frequently review what we do and why we do it. Only by doing so do we prepare ourselves for the next generation of problems, and the solutions we must find. Never has a business environment changed as rapidly as now. Revisions and modifications in our profession occur with such speed that we can no longer depend on institutionalized education to provide the necessary background. To keep pace, we must learn to innovate for constructive growth. This ability to innovate requires us to look at situations and problems from a different perspective to reach new and appropriate conclusions. Demonstrates the need for new thinking in the auditing profession, internal barriers we have that limit our ability to do so, and a brief example of how we can learn to increase our innovative output.

Citation

Cornwell, A. (1995), "Auditing: is there a need for great new ideas?", Managerial Auditing Journal, Vol. 10 No. 1, pp. 4-6. https://doi.org/10.1108/02686909510077334