Internal audit must recalibrate its risk alignment to respond to a dramatically changed risk environment.
As the coronavirus (COVID-19) pandemic has changed the world, internal audit functions have needed to face that world differently. Before the outbreak, internal auditors worked in similar ways, following the same code of conduct, adhering to the same standards, and using many of the same tools. Now, auditors have another thing in common: the need to adapt to frequently changing risk conditions.
