10 OKR examples for Audit Team

Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.

We have curated a selection of OKR examples specifically for Audit Team to assist you. Feel free to explore the templates below for inspiration in setting your own goals.

If you want to learn more about the framework, you can read more about the OKR meaning online.

Best practices for OKR

Your objectives should be ambitious, but achievable. Your key results should be measurable and time-bound. It can also be helfpul to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.

Building your own OKRs with AI

While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.

- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives – including a GPT-4 powered goal generator

How to track OKRs

OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the framework.

Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKRs-tracking platform to make things easier.

We recommend Tability for an easy way to set and track OKRs with your team.

Check out the 5 best OKR tracking templates to find the best way to monitor progress during the quarter.

Audit Team OKRs templates

We've added Audit Team Objectives and Key Results, but also the initiatives that relate to the OKRs.

OKRs to identify and address all existing compliance gaps

  • ObjectiveEnsure complete compliance across all areas of operation
  • Key ResultImplement necessary changes to meet compliance requirements and standards
  • TaskTrain employees on compliance requirements and provide ongoing education
  • TaskRegularly review and update compliance program to ensure adherence to changing standards
  • TaskConduct compliance assessment for internal processes and procedures
  • TaskDevelop and implement a compliance program with clear policies and procedures
  • Key ResultTrain all employees and contractors on compliance policies and protocols
  • TaskDevelop compliance training curriculum and materials
  • TaskSchedule and deliver training sessions for all employees and contractors
  • TaskRegularly update and refresh training materials and curriculum
  • TaskObtain signed acknowledgments of receipt and understanding from all trainees
  • Key ResultConduct a thorough audit of all compliance policies and processes
  • TaskUpdate and communicate revised policies/processes to all relevant personnel
  • TaskAddress any gaps or weaknesses identified during evaluation
  • TaskIdentify all compliance policies and processes
  • TaskEvaluate effectiveness of current policies/processes
  • Key ResultRegularly review and update compliance measures based on industry standards and regulations
  • TaskImplement necessary updates to comply with regulations
  • TaskKeep up-to-date with relevant industry standards and regulations
  • TaskIdentify areas for improvement
  • TaskEvaluate existing compliance measures
Turn OKRs into a Strategy Map

OKRs to implement robust fraud prevention and transaction monitoring systems

  • ObjectiveImplement robust fraud prevention and transaction monitoring systems
  • Key ResultDouble weekly monitoring audits and reduce detection-to-action time by 30%
  • TaskImplement faster response strategies for detected issues
  • TaskInvest in automation tools to expedite detection-to-action time
  • TaskIncrease frequency of weekly monitoring audits to twice a week
  • Key ResultDecrease fraud incidents by 40% using advanced detection technology
  • TaskImplement advanced fraud detection technology in daily operations
  • TaskConduct regular system audits to identify vulnerabilities
  • TaskTrain employees on utilization of detection software
  • Key ResultComplete incident response training for 100% of the financial team
  • TaskSchedule training sessions for all team members
  • TaskTrack and record completion rates for team
  • TaskIdentify appropriate incident response course for financial team

OKRs to enhance partnership with business for valuable audit plan fruition

  • ObjectiveEnhance partnership with business for valuable audit plan fruition
  • Key ResultInitiate 3 strategic discussions with business stakeholders to identify potential audit areas
  • TaskPrep for discussions by assessing potential audit zones
  • TaskIdentify key business stakeholders for strategic discussions
  • TaskSchedule meetings with stakeholders to discuss audit areas
  • Key ResultGenerate 5+ tangible value creation strategies born from audit insights
  • TaskBrainstorm and develop potential value creation strategies
  • TaskEvaluate and finalize top five strategies for implementation
  • TaskIdentify key insights from previous audit reports
  • Key ResultAchieve 100% progression on the determined annual audit plan
  • TaskDetermine key priorities, resources and timeframe for the annual audit
  • TaskRegularly review the audit's progress and address any issues promptly
  • TaskEnsure thorough communication with relevant personnel throughout the audit process

OKRs to achieve ISO 27001 certification with an action plan

  • ObjectiveAchieve ISO 27001 certification with an action plan
  • Key ResultDevelop and implement necessary policies and procedures to align with ISO 27001 standards
  • TaskDevelop new policies and procedures to meet ISO 27001 standards
  • TaskCommunicate and train employees on the new policies and procedures
  • TaskConduct a gap analysis to identify policy and procedure gaps
  • TaskRegularly review and update policies and procedures to ensure compliance with ISO 27001
  • Key ResultConduct a comprehensive gap analysis to identify all compliance requirements
  • Key ResultSuccessfully pass the external ISO 27001 certification audit conducted by a certified auditor
  • TaskUpdate and document all necessary processes and procedures in accordance with ISO 27001
  • TaskConduct a comprehensive review of the ISO 27001 standard requirements and guidelines
  • TaskImplement a risk management framework aligned with the ISO 27001 requirements
  • TaskTrain employees on ISO 27001 procedures and their roles in maintaining compliance
  • Key ResultTrain all employees on information security awareness and best practices

OKRs to enhance team efficiency in managing Kubernetes across the organization

  • ObjectiveEnhance team efficiency in managing Kubernetes across the organization
  • Key ResultTrain team to achieve 100% completion of Kubernetes Advanced certification
  • TaskMonitor progress and provide additional support as needed
  • TaskIdentify necessary materials for Kubernetes Advanced certification training
  • TaskSchedule regular training sessions for the team
  • Key ResultImprove deployment speed by 25% through Kubernetes optimizations
  • TaskImplement and test optimization strategies for identified Kubernetes areas
  • TaskAudit the current Kubernetes settings and identify areas of potential improvement
  • TaskAdjust Kubernetes configurations for faster service deployment
  • Key ResultReduce Kubernetes-related errors by 20% with proactive monitoring
  • TaskRegularly update and optimize Kubernetes configurations
  • TaskSchedule routine check-ups to identify potential errors
  • TaskImplement a proactive monitoring system for Kubernetes

OKRs to streamline the process of posting on multiple users' pages

  • ObjectiveStreamline the process of posting on multiple users' pages
  • Key ResultReduce the average time taken to post on 50 users' pages by 35%
  • TaskAutomate posting process using social media management tools
  • TaskTrain team in fast, effective posting techniques
  • TaskPrepare content in advance for scheduled posts
  • Key ResultImplement a new automated posting system tested by 90% of all users
  • TaskIdentify a compatible automated posting system for implementation
  • TaskTrain 90% of users in using the new system
  • TaskConduct system testing with selected users to gauge effectiveness
  • Key ResultEnsure 98% of posted content matches the individual user's page criteria perfectly
  • TaskTrain team on user's page criteria
  • TaskDevelop a rigorous content verification system
  • TaskImplement regular content audits

OKRs to streamline hardware inventory and implement asset tagging system

  • ObjectiveStreamline hardware inventory and implement asset tagging system
  • Key ResultCatalogue and organize 100% of the current hardware inventory
  • TaskSystematize hardware details using an inventory management system
  • TaskList all existing hardware assets in inventory
  • TaskCategorize hardware based on type or function
  • Key ResultDevelop a functional asset tagging system for owned devices
  • TaskImplement asset tags on each owned device
  • TaskIdentify all owned devices for cataloguing and tracking
  • TaskCreate a unique identification system for asset tags
  • Key ResultApply asset tags to 100% of owned devices successfully
  • TaskDesignate an individual to oversee the tagging process
  • TaskPurchase durable, high-quality asset tags for all owned devices
  • TaskConduct an audit to ensure that all devices are tagged

OKRs to embed security consciousness in business operations

  • ObjectiveEmbed security consciousness in business operations
  • Key ResultReduce security breaches by 25% through rigorous employee training
  • TaskImplement mandatory cybersecurity training for all employees
  • TaskSchedule regular refresher courses on data protection
  • TaskUpdate security policies and disseminate to staff
  • Key ResultEstablish a quarterly security audit to identify potential vulnerabilities
  • TaskSchedule regular audits with a professional auditor
  • TaskDefine the scope of each quarterly security audit
  • TaskCreate a process to address identified vulnerabilities
  • Key ResultAchieve 100% compliance on mandatory security awareness training by all employees
  • TaskOrganize regular training sessions for all personnel
  • TaskMonitor and document each employee's training progress
  • TaskDistribute security awareness training materials to all employees

OKRs to improve control oversight for "Mc transformation"

  • ObjectiveImprove control oversight for "Mc transformation"
  • Key ResultTrain team on updated control processes to ensure compliance
  • TaskReview and discuss the changes and updates in control processes
  • TaskOrganize a training session on the updated control processes
  • TaskMonitor and evaluate team members' understanding and application of new processes
  • Key ResultImplement new control procedures to enhance oversight efficiency
  • TaskIdentify weaknesses in current control procedures and areas for improvement
  • TaskDevelop new, more efficient oversight procedures and protocols
  • TaskTrain staff on new control procedures and ensure correct implementation
  • Key ResultConduct monthly audits on transformation progress to identify control gaps
  • TaskAnalyze recent transformation progress reports
  • TaskIdentify and document any control gaps found
  • TaskDevelop plans to address control gaps

OKRs to ensure compliance through complete closing of audit findings for data governance

  • ObjectiveEnsure compliance through complete closing of audit findings for data governance
  • Key ResultAchieve 100% closure of existing data governance audit findings
  • TaskImplement corrections and verify completion
  • TaskReview all existing data governance audit findings
  • TaskDevelop a detailed rectification plan
  • Key ResultConduct two training sessions on data governance improvements and achieve 90% staff attendance
  • Key ResultImplement improvements highlighted from audit findings in 80% of relevant areas
  • TaskTrack and document all changes made
  • TaskIdentify areas needing improvement from audit findings
  • TaskPrioritize implementing changes in 80% of these areas

More OKR templates

We have more templates to help you draft your team goals and OKRs.

OKRs resources

Here are a list of resources to help you adopt the Objectives and Key Results framework.