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Ensure Business Continuity 1

 

Since the COVID-19 pandemic started, we have been performing our greatest to keep up with the rapid changes in the industry.

Conceivably one of the few positive growths of the Coronavirus crisis is that audit units are ascertaining new ways to work and doing so more swiftly than they might have under normal settings.

Remote audits are a new concept, and it’s only reasonable that you don’t know how to go about it. This guide will highlight all the vital details about remote audits, why they are essential, and how you can prepare for your first one ever.


About Remote Audit 3

A remote audit, also known as a virtual audit, is the process of conducting an audit remotely, using modern networks such as video conferencing, email, and telephone to obtain audit evidence, just like during an on-site audit. Auditors can adopt standard auditing techniques which they use during on-site audits for this type of audit.  Auditors will continue to ask key and relevant questions related to the scope of the audit, and, more importantly, make full use of two key skills that are maximized during a remote audit –being versatile and collaborative.


Benefits of Remote Audit 2
  • Time and cost-efficient.
  • Simplify audits, increasing the reliability of evidence-recording with technology.
  • Availability of audit team(s) with necessary competence, linking and including them in the audit wherever needed.
  • Maintain business continuity under severe circumstances and situations. 
  • Remote Audit Process
Preparing for Remote Audit 2
 
1. Identify the Key Personnel in the Company
Whether they are in the workplace or operating remotely, these personnels should know they must be available. You could choose to use calls or audio-visual conferencing to ensure they’re involved in the whole process.
 
2. Get Your Documents Ready
Make it hassle-free for your auditor to identify what docs and records are out there. Ensure documents and records are available, easy to reclaim when asked for.
 
3. Determine Technological Infrastructure
Determine the technological infrastructure required to support a virtual tour of the production or other expanses. Whether there’ll be internet availability or whether you will use a smartphone, tablet, webcam, drone, or other means to share audio-visuals, snapshots, and documents.
 
4. Work with the audit team to identify needs
Auditors need to cognize what is needed so they can work with you to get everything set up before the audit, thus when that stage comes, everything runs as efficiently as possible.
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