Internal Audit Challenges During Times of COVID

Field: Auditing | Delivery Method: Self Study | CPE Hours: 1.5

COVID-19 has impacted all professions and internal audit is no exception. As if communicating and conducting an internal audit on-site isn’t hard enough, now we face the challenges of remote work and a rapidly changing risk environment.


Towards the end of 2019 and into early 2020, many internal audit groups would rank the following as some of their top challenges:
  • Emerging technologies
  • Skillset
  • Resources
With the onset of COVID, organizations, their environments and their ways of working have evolved rapidly and in ways that had not been previously envisioned.

Internal auditors must look within to determine how to stay relevant and add value in this changing and emerging environment. It is important that Internal Audit is proactive and prepared, while remaining pragmatic, as the situation continues to evolve

Lesson Objectives
  • Challenges for auditors to stay relevant in a changing business environment.
  • Importance of upgrading the skills and exposure of the internal audit team.
  • Role of technology in assuring a smooth transition to value-add audit.


Field: Auditing
CPE: 1.5
Delivery Method: Self-Study
Format: Video




Your Instructor


Lynn Fountain
Lynn Fountain

Consultant, CPA, CGMA, CRMA, MBA, Past Chief Audit Executive

Business Consultant, Trainer, Author


Ms. Fountain has over 40 years of experience spanning public accounting, industry accounting and consulting. Sixteen years of that experience has been in the field of internal audit, risk managment and process improvement. She is well adept to assist your organization evaluate business strategy, perform risk assessments, establish a Sarbanes-Oxley process, synergizing internal audit processes or perform process improvement projects.


As a past corporate executive Lynn has a passion for working with professionals to enhance their processes and provide leading edge education. She has authored and delivered hundreds of training courses for accounting, finance and audit professionals. Her training is filled with not just theory but real world application.


Ms. Fountain has authored three technical publications:

-Leading the Internal Audit Function 

-Raise the Red Flag

-Ethics and the Internal Auditor's political dilemma


Lynn is a recognized leader in the internal audit profession as well as a recognized business professional.  


Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has active, current CPA, CGMA, and CRMA credentials.


https://www.lynnfountain.net/


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