Vacatures IT Risk Professionals

Understanding the new fraud risks of COVID-19 on auditors

Bron: Thomas Reuters - 08 september 2020

Amidst a year of unexpected economic downturn, accounting firms are likely to see the impact from the new fraud risks of COVID-19 on auditors.  

In a recent webinar from Confirmation, a part of Thomson Reuters, “State of the Audit: What auditors and banks need to know about the effects of COVID-19”, Brian Fox, Founder of Confirmation, is joined by Kyle Gibbons, Managing Director of Europe Confirmation, and Felipe Lima, Director of Sales of LatAm Confirmation. Together, they’ve outlined how the ongoing effect of COVID-19 can greatly increase fraud, how to identify the risks, and the best practices for auditors moving forward through uncertainty.   

Were firms ready for the work from home change? 
According to a survey from Accounting Today, over half of firm offices have staff, in some aspect, working remote. Out of those surveyed, 48% had to overcome some challenges to support remote work.  

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