Auditing

 

In the video, you see (a) junior staff who communicates with the client, (b) the client – Margo, (c) partner, (d) audit senior (who is sitting next to the junior staff). Pick one person you either connect with the most or aspire to be in your career. Explain why you picked the individual.
Does the audit engagement depicted in the video seem what you have expected? Discuss anything that surprised you or you noticed in particular.

 

Sample Solution

It is common belief that you need to hire new employees to grow your business / organization, but this is not the case. In fact, it is more convenient and useful to properly train existing employees, and HR software can help you with that. Talent management platforms facilitate employee development from training courses to performance evaluation. Periodic evaluations can increase employee morale and encourage them to maintain high standards of performance: the software stores data on the issues being discussed, the feedback provided, and the goals / objectives they have decided on. Your employees can also access this information at any time, which will increase commitment to their work and the company. With this data, you can plan the professional development of your employees and assign them short-term and long-term goals.

5. Safe Document Management

HR software keeps all your data in one centralized secure location and ensure that it is available at all times. It is more secure because you can control who accesses the data. In addition, cloud-based talent management solutions ensure that your data is protected and accessible even when there are physical emergencies, such as office fires. All you need to access the data is a mobile device that has Internet or a computer. Talent management platforms also provide document management capabilities – you can learn which staff member reads what and when. Plus, you can improve productivity by reducing time-consuming paperwork, accessing old documents or manuals or archival training manuals, and enabling a company to go green and operate without paper.

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