Tell us about a time when you had to adapt quickly to a new technique or process.
Internal Auditor Interview Questions
Sample answer to the question
One time, at my previous job as an intern at a financial institution, I was suddenly asked to learn and adapt to a new auditing software. It was a completely different system than what I was used to, and I had to quickly understand how to navigate through it. I took the initiative to attend training sessions and also asked for guidance from my colleagues who were already familiar with the software. I dedicated extra hours to practice and familiarize myself with the new techniques and processes. Within two weeks, I was able to confidently use the software and apply it to perform audits effectively. The experience taught me the importance of being adaptable and proactive in learning new techniques and processes.
A more solid answer
During my time as an intern at a financial institution, I was presented with the opportunity to adapt quickly to a new auditing technique called 'data analytics.' The technique involved using advanced software to analyze large volumes of financial data and identify patterns or anomalies. As someone who was not familiar with data analytics, I knew I had to take immediate action to gain the necessary knowledge and skills. I enrolled in an online course that provided a comprehensive overview of data analytics in auditing. I also reached out to a senior auditor in the organization who had experience with data analytics and asked for guidance and mentoring. Additionally, I dedicated time outside of work to practice using the software and analyzing sample datasets. Within a month, I became proficient in using the tool and successfully applied data analytics in several audits. This experience not only enhanced my technical skills but also highlighted my adaptability, willingness to learn, and ability to handle new techniques or processes. It taught me the importance of being proactive in acquiring new skills and seeking guidance from experienced professionals.
Why this is a more solid answer:
The solid answer provides more specific details and examples of how the candidate demonstrated adaptability, willingness to learn, and the ability to handle new techniques or processes. It mentions the specific auditing technique (data analytics) and describes the steps taken by the candidate to quickly adapt, such as enrolling in an online course, seeking guidance from a senior auditor, and dedicating extra time to practice. The answer also highlights the outcome of the situation and the candidate's successful application of the new technique in audits. However, the answer could be further improved by mentioning the impact or benefits of using data analytics in audits.
An exceptional answer
In my previous role as an internal auditor at a multinational company, I was assigned to a project that required a rapid adaptation to a completely new auditing process known as 'agile auditing.' This approach involved working in iterative cycles, collaborating closely with management and stakeholders, and providing continuous feedback throughout the audit process. As someone who was accustomed to traditional auditing methods, this was an exciting yet challenging transition. To quickly adapt to the new technique, I proactively sought out resources and training opportunities. I attended webinars and workshops conducted by industry experts on agile auditing. I also formed a study group with colleagues to share knowledge and experiences. Additionally, I took the initiative to redesign our audit templates and checklists to align them with the agile methodology. Through these efforts, I not only mastered the new technique but also became an advocate for agile auditing within the organization. The successful implementation of agile auditing resulted in improved efficiency, better collaboration with stakeholders, and more actionable audit recommendations. This experience showcased my adaptability, willingness to learn, and ability to handle new techniques or processes in a dynamic business environment.
Why this is an exceptional answer:
The exceptional answer goes above and beyond the solid answer by providing a more detailed and comprehensive example of the candidate's adaptability, willingness to learn, and ability to handle new techniques or processes. It mentions the specific auditing process (agile auditing) and describes the candidate's proactive approach to learning, including attending webinars, workshops, and forming a study group. The answer also highlights the candidate's role in advocating for agile auditing and the positive impact it had on the organization. Overall, the exceptional answer demonstrates a high level of adaptability and showcases the candidate's ability to thrive in a dynamic business environment.
How to prepare for this question
- Stay updated on industry trends and emerging techniques or processes in auditing.
- Proactively seek out training opportunities and resources related to new techniques or processes.
- Network with professionals who have experience in implementing new techniques or processes and learn from their insights.
- Take the initiative to familiarize yourself with software or tools commonly used in auditing.
- Be open-minded and embrace change, viewing it as an opportunity for growth and development.
What interviewers are evaluating
- Adaptability
- Willingness to learn
- Ability to handle new techniques or processes
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