Are audits just expensive pieces of fiction?
Better, and more continual, monitoring may be a better auditing solution
Hilary Thomson, director at TFT, talks with Innovation Forum’s Ian Welsh about the use of audits to uncover instances of modern slavery in factories. She argues that the balance of power has shifted too far in favour of auditors who now have the ability to be judge, jury and executioner. Too often they produce a picture of a staged set rather than an accurate picture, she says. Thomson favours a change in assessment processes and a move towards more continual assessment of progress.
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