About ThinkingAudit
Why ThinkingAudit?
Having been an internal auditor for most of my working life, I noticed that some auditors and audit teams got caught on an "audit conveyor belt".
I observed teams that were over-reliant on lists of expected controls and weren't sufficiently confident to apply truly risk-based auditing; teams that were so focused on the audit process and completing fields in their audit management software that they were not spending time thinking around the topic and the risks. While internal auditors need to follow a systematic process, if we don't think, we audit by rote or by number and miss the bigger picture.
We all strive to add insight through our work, and to do that we have to take the time to think – to reflect, research, and discuss. ThinkingAudit was created to help teams ensure they have an audit approach that is practical, efficient, and allows time for thinking, and therefore that adds value.
Rachel Bowden
ThinkingAudit was established in 2016 by Rachel Bowden, with an intention to support internal auditors optimise their effectiveness and impact. Over time in response to client requests, this has expanded to provide tailored governance and risk management support to audit committees.
Rachel has worked at all levels of the risk assurance profession, including as Head of Internal Audit for a number of organisations and as Chair of an Audit and Risk Committee. Her experience includes government, retail, engineering and the third sector. Before founding ThinkingAudit, Rachel's 22-year career included assurance, risk management and governance services to diverse organisations, including since 2010 as a risk assurance partner with a top ten firm. She has undertaken over 30 external assessments of internal audit functions, including for clients in FTSE 100, NHS, local government, charity and education sectors.
Rachel works with a number of associates to ensure that ThinkingAudit's services meet the needs of your internal audit team or audit committee.
If you would like further information on ThinkingAudit, please email enquiries@thinkingaudit.co.uk or send us a message on our contact page .