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Risk-Based Auditing: A Smarter Approach to Assurance
August 30, 2025by Dr Dawkins Brown
From Checklists to Risk Focus Traditional audits were once perceived as box-ticking exercises, where auditors applied the same set of procedures regardless of the client’s industry, size, or risk profile. While this approach offered uniformity, it often led to inefficiency — spending time on low-risk areas while overlooking high-risk ones. In today’s fast-paced, complex business...
