The modified role of internal audit in COVID-19 pandemic conditions

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Ivane Javakhishvili Tbilisi State University Press
New reality drives the changes not only for the industries, cities, countries, or the world but forces us to follow these changes. The article aims to present how the pandemic impacted internal audit and the responses the auditors should take in the Covid crisis. The article also discusses the necessities that caused changes in the role of internal audit during the pandemic. While discussing the change in the role of an audit we elaborate on the stages that provide reduction of the risks with the help of the audit and preserve stable financial condition for the company.
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Planning an Audit, Audit Strategy, Monitoring, Financial Model, Internal Audit, Internal Control
VI International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2021, pp. 306-312