05/13/2021

Five Best Practices to Help Your Remote Audit Run Smoothly

The switch to virtual can be efficient if you follow a few simple best practices

It has been more than a year since we all had to learn how to pivot and live and work in the new normal due to the pandemic. Just about every business made adjustments, whether it is limiting capacity, curb side pickup, virtual doctor visits and, of course, remote work.

This new normal has also affected the way accounting firms perform audit engagements of their clients. The pre-pandemic approach consisted of an audit team showing up on Monday, setting up camp in the conference room, and usually causing controlled chaos within your organization for three to five days or more.

Now auditors have switched to the remote or virtual audits consisting of Zoom meetings and interviews, communication portals, and the electronic exchange of information have replaced face-to-face interviews and boxes and boxes of paper. If you have not been through the remote audit process, understand it’s simply a virtual twist on the original audit.

Please select this link to read the complete article from ASAE's Center for Association Leadership.