Pivoting to a remote audit environment
The coronavirus pandemic has accelerated the movement of the auditing profession toward using remote techniques to perform engagements. Remote auditing has long been a hot topic for the profession because of the belief that auditors may be more likely to discover fraud, malfeasance, or simple mistakes when they visit a site.
That’s why practitioners who are performing procedures remotely are taking extra precautions and using advancements in technology to follow policies and procedures. Stakeholders can have confidence that when auditors are performing their duties remotely, they have the same commitment to their obligations to comply with standards and deliver high quality as they do when working on-site.
Learn more about the profession’s steadfast commitment to deliver high quality regardless of where audit procedures are being performed with this video featuring Sue Coffey, CPA, CGMA, CEO – Public Accounting for the Association of International Certified Professional Accountants, representing AICPA & CIMA, and Center for Audit Quality CEO Julie Bell Lindsay.