COVID-19 and Internal Audit: Preparing for the New Normal in 2020 and Beyond

In the face of unprecedented rapid change in the external environment and business operations resulting from the pandemic, internal audit functions have an opportunity to lead their organizations through this uncertain time. 

AuditBoard and The IIA’s Internal Audit Foundation (IAF) have coauthored this report to provide practical direction about what internal audit functions can do to support their organizations and meet their internal audit charter responsibilities as they work through the impacts of COVID-19 — today and in the future.

COVID-19 & Internal Audit: Preparing for the New Normal in 2020 and Beyond draws from discussions and recommendations gleaned from many sources, including internal audit function leaders, consultants, and The IIA’s Audit Executive Center (AEC). Download the report below to learn:

1. COVID-19 Pandemic Impacts — on internal audit operations and SOX programs
2. The Changing Risk Landscape — the most impactful and most underrepresented risks highlighted amid the pandemic
3. Next Steps for Internal Audit — across business continuity, risk management, and internal audit operations 

Download the AuditBoard and IAF report, COVID-19 & Internal Audit: Preparing for the New Normal in 2020 and Beyond, below to get up to speed on how COVID-19 is impacting internal audit and SOX, how the risk landscape has changed, and what the post-pandemic future holds for internal audit.