Turning Audit Lessons Into Firm-Wide Improvements
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Turning Audit Lessons Into Firm-Wide Improvements
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Sam explains how audit firms can break the cycle of repeated mistakes by systematically capturing lessons learned and turning them into actionable improvements. The conversation covers everything from individual preparers documenting their own review comments to firm-wide post-engagement debriefs that identify patterns and drive changes to templates, checklists, and procedures. By building a culture where every audit strengthens the firm, teams can reduce wasted hours, improve quality, and create a less stressful work environment.
- (00:07) - Turning Audit Pain Points into Progress
- (00:29) - Learning from Review Comments
- (03:16) - Documenting Lessons Learned
- (04:02) - Post-Engagement Debriefs
- (06:34) - Creating a Lessons Learned Log
- (07:59) - Using OneNote for Better Organization
- (09:15) - Implementing Changes and Improvements
- (16:43) - Training and Team Buy-In
- (24:04) - Building a Learning Culture
Learn more at https://mansouradvisory.com/Connect with Sam
https://www.linkedin.com/in/sam-mansour-cpa-2a755b271
Connect with Abdullah
https://www.linkedin.com/in/abdullah-mansour-454959108
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This podcast is a production of the Earmark Media
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