Internal Audit Challenges of the Coronavirus Pandemic
Course Description:
The Coronavirus pandemic of 2020 has created a new business environment for many, if not most, businesses. Business processes have changed as more employees are working from home and there are greater operational and financial risks as economic health diminishes and overall unemployment increases in both the USA and the world. These factors create new challenges for the internal audit function.
Risk challenges faced by the internal audit function in these uncertain times anddiscussed in this course include computer connectivity, information technology controls, financial controls, supply chain and workforce risks, liquidity and customer credit risks, insurance issues and brand risks.
Learning Objectives:
Upon successful completion of this course, participants will be able to:
- Recognize added information technology, operational, financial and financial control risks to businesses caused by the Coronavirus pandemic
- Recognize techniques to reduce risks added by the Coronavirus pandemic
Course Number:
PM2029
NASBA Field of Study: Auditing
Level: Overview
CPE Credit: 1
Author/Instructor: Joseph P. Helstrom
Publication Date: June 17, 2020
Prerequisites: None
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