Aligning internal controls with auditor expectations involves a clear and structured approach. From my point of view, we have to ensure a thorough understanding of their standards and requirements. Then, we review and adjust our processes, addressing any gaps to ensure compliance and effectiveness. Through open communication and regular updates, we maintain alignment, reducing misunderstandings and enhancing collaboration. Each adjustment strengthens our governance framework, building trust and positioning the organization for sustained success.

Bridging the gap between internal controls and auditor expectations often comes down to improving communication and aligning on risk priorities here are a few strategies that might help: 1- Regular Communication by Conduct regular check-ins with auditors to discuss controls and address assumptions. 2- Documentation and Transparency by Ensure all control activities are well-documented and accessible. 3- Align on Risk Appetite by Work together to align on company's prioritized risks. 4- Training and Benchmarking by Engage in shared training sessions or review industry standards. 5- Leverage Technology by Use tools for real-time monitoring and reporting to streamline oversight and align expectations.