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In Times of Change, Internal Audit Offers Stability and Value

Article
4 minute read
April 28, 2020

Business leaders face difficult decisions that may have both short-term and long-term implications for their business, employees, investors and stakeholders. There are ways Internal Audit professionals can provide value to leaders during these uncertain times.

Open communication is critical and Internal Audit can assist in driving necessary conversations. Communication with executives and management can identify new ways in which Internal Audit can support the organization.

The COVID-19 pandemic has required all organizations to modify processes and adapt their personnel to a new way of working. With social distancing and a remote workforce, many traditional, day-to-day procedures were turned upside down almost overnight, resulting in “on the fly” changes to activities that were previously meticulously designed. 

We are living in unprecedented times and uncertainty is high. Amidst the challenges, there are opportunities for Internal Audit to work alongside and consult with business leaders to develop a proactive response to the current pandemic. If Weaver can be of assistance to your organization in evaluating risk, process and control, please contact us today.

© 2020