Auditors are confronting significant challenges as they focus on maintaining audit quality during the coronavirus pandemic. Julie Bell Lindsay, the executive director at the Center for Audit Quality, meets regularly with CAQ member firms and the governing board. Below are some of the issues those firms are reporting.
Working in a virtual environment: Although the coronavirus pandemic is still evolving, the audit profession is continuing to focus on the safety and well-being of its employees. Working remotely makes their job more difficult, but they are adapting and maintaining high standards of quality and professional skepticism while working in a virtual environment.
