The majority of internal audit departments consume an overwhelming percentage of their plan by doing traditional internal audits – what are known as “safeguards operations” and are the focus of internal audit, and are also the activity where most audit committees are expected to emphasis. However, many internal audit departments, either individually or through outsourcing …
Tag: internal audit
The Role of Internal Control in the Post-Covid-19 Era
To a significant extent, businesses have taken the right steps to limit as much as possible the negative effects during the Covid-19 pandemic in order to be able to cope with a changing and fluid environment of intense uncertainty that was occurring in front of them. These steps include: Accelerate the digital transformation of the …