RE-ENGINEERING INTERNAL AUDIT 2020-21
RE-ENGINEERING INTERNAL AUDIT 2020-21 – THE COVID 19 CHALLENGE
These are difficult time for business and several questions are asked how each one can contribute. Covid-19 has disrupted business over the last few weeks. As we all expect, the road the recovery is going to be challenging. Internal Audit function will have an important role to play in shaping this recovery and needs to be re-looked at to make it sharper.
IA will continue to provide assurance to management and the Board on the risk and controls landscape, and anticipate emerging risks as businesses and operations adapt and evolve. Internal audit will also need to play a larger role in identifying efficiencies and improvements across functions and operations to support the company’s bottom-line.
We at Moore Singhi have put together a short note on key risks and how we believe Internal Audit needs to adapt to become sharper, focused and value additive.”
These are difficult time for business and several questions are asked how each one can contribute. Covid-19 has disrupted business over the last few weeks. As we all expect, the road the recovery is going to be challenging. Internal Audit function will have an important role to play in shaping this recovery and needs to be re-looked at to make it sharper.
IA will continue to provide assurance to management and the Board on the risk and controls landscape, and anticipate emerging risks as businesses and operations adapt and evolve. Internal audit will also need to play a larger role in identifying efficiencies and improvements across functions and operations to support the company’s bottom-line.
We at Moore Singhi have put together a short note on key risks and how we believe Internal Audit needs to adapt to become sharper, focused and value additive.”