Consistent high-quality data is essential to any risk management approach, particularly in uncertain times.
The operating conditions for organizations during the Covid-19 pandemic have increased important operational risks for organizations like standards systems and verification programs that depend on auditors to conduct compliance audits. Audit types such as remote or hybrid audits require additional diligence in assurance to preserve their rigor and consistency. Activities to ensure these audits are effective include adapted auditor training, auditor and assurance system training on data handling (data privacy, access, transfer of audit documentation and reports), and an assurance risk register that evaluates how different audit types support assurance system needs.
We can help you implement and apply practical risk management tools such as risk registers and improvement feedback loops throughout your assurance system to ensure you can effectively navigate the current limitations for in-person assurance audits. The tools and practices we propose represent best management practice to safeguard the rigor and credibility of your assurance guarantee.