Performing the Audit in the Pandemic Environment
Date:
The pandemic environment has led to measures such as social distancing which have changed the way that auditors and their clients perform their work. The environment is also significantly changing the economic realities for many entities and the change is continuing. Auditors need to be ready to react, while ensuring they maintain a commitment to audit quality and adherence to professional standards.
In the second of a three-part webinar series, IFAC will convene a panel of audit experts to share their perspectives and practical insights on performing the audit in the pandemic environment. The panel will discuss challenges and practical considerations around:
- Audit evidence
- Inventory
- Documentation
- Accounting estimates
- Engagement quality reviews