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COVID-19 and a resilient internal audit function

Updated: Mar 13, 2020

6 tips to help your internal audit function remain resilient

Coronavirus (or COVID-19) is impacting internal audit functions and how we continue to operate.

As the situation regarding coronavirus (COVID-19) continues to evolve, we see businesses become stretched and challenged on multiple fronts. From impacts on supply chain processes through to staff availability, this is proving to be a real test for businesses and their business continuity plans.

It’s almost as if some audit head’s have a secret crystal ball with both business continuity and business resilience both featuring as a hot topic for 2020. Little more than three months into the year, we're now seeing why it was one of the top priorities / areas of concern for audit teams this year. However whilst audit teams may be concerned about the entity’s business wide continuity plans, have we actually taken the time to focus on ourselves and our own team continuity plans?