Private industry agility and public sector oversight can be a powerful combination — but there are numerous risks for auditors to consider.
Like private-sector organizations, government-run services are increasingly technology-based, complex, and driven by innovation. However, private-sector organizations often have the advantage of being more nimble and better able to respond to market demand. Meanwhile, government agencies are often tasked with building systems and launching programs at the behest of legislators, sometimes with little warning, tight timelines, and limited resources.
