Richard Chambers' blog

09-11-2020

​Are We Ready to Move Beyond COVID-19 Risks?

In this blog on Internal Auditor Online, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession.
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As we look to a future after COVID-19, there are facts that will help guide us through the transition. Data from four quick polls conducted by The IIA's Audit Executive Center (AEC) suggest significant changes in how practitioners expect to operate post-COVID:

  • 80% of survey respondents expect more work-from-home options.
  • 71% of chief audit executives expect less time spent auditing on site.
  • 73% expect more flexible audit plans.

There is growing evidence that organizations are pushing forward digital transformation efforts as historic resistance is washed away in the pandemic's wake. This will create new challenges and opportunities for practitioners. For example, 49% of the AEC survey respondents expect to increase their use of data analytics and 39% expect to increase their use of Agile auditing techniques.

Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.
 

 

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