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Effects of Covid-19 Pandemic on Internal Audit Plan

By 2 October 2020No Comments1 min read

Covid-19 has brought new risks to organizations, changed risk landscape and chief audit executives must refresh internal audit plan accordingly to lead internal audit actions to reach to targets. By considering new risks, chief audit executives must first evaluate health of audit staff, and then reassess internal audit plan in terms of feasibility, applicability and usefulness. Thus, they must play a critical role for their organization to adapt to the new situation in an effective and efficient manner.