In the face of the coronavirus, internal auditors must do more than don masks

4 March 2020

Richard Chambers, President and CEO of The IIA regularly shares his personal reflections and insights on the internal audit profession through blogs.

Richard’s blog on 2^nd March 2020 focuses on the coronavirus (COVID19) and how this has transformed from a growing medical crisis to also a macroeconomic one in a short space of time.

The blog highlights key actions internal auditors should be starting in support of their organisations:

1. Understand and assess the full range of immediate risks.
2. Assess the organisation’s existing crisis management and business continuity plans.
3. Advise your organisation on thinking beyond immediate risks.
4. Advise your organisation on thinking about long-term implications.
5. Continue to monitor and update your thinking.