Internal audits were not a prime candidate for remote work before the pandemic. But as COVID-19 shut offices and countries restricted travel, organizations had to find new ways to address regulatory and operational needs. Internal audits are in fact especially important in times of crisis to assess risks and the control landscape, as well as to advise management. Organizations can now take key lessons learned from this massive shift to remote work to determine how virtual internal audits might be integrated into normal operations moving forward.
This article reviews key concerns in integrating virtual elements into the traditional internal audit process for organizations.