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Auditing during covid lockdowns
Manage episode 285008897 series 2857298
In todays' episode our financial professional Adrian Lawrence, a former auditor himself talks about the challenges the accounting profession has faced during the three UK pandemic lockdowns.
In normal times the auditors attend on site to check accounting records and ledgers, but with the lockdown that has often not been possible, due to closure of offices, home working and staff self isolating.
The profession has risen to the challenge and has been making good use of technology to overcome the issues. For example drones have been used to remotely attend stocktakes or staff have used mobile devices to live stream from warehouses so remote auditors can take part virtually.
Companies with a stock market listing have been doing their best to stick to filing deadlines as delays cause investors to get concerned.
The professional has done a good job in the circumstances.
To learn more about Reporting Accounts and how we have information and insights into more than 4.8 million UK companies visit our website at https://www.reportingaccounts.com
48 episoade
Manage episode 285008897 series 2857298
In todays' episode our financial professional Adrian Lawrence, a former auditor himself talks about the challenges the accounting profession has faced during the three UK pandemic lockdowns.
In normal times the auditors attend on site to check accounting records and ledgers, but with the lockdown that has often not been possible, due to closure of offices, home working and staff self isolating.
The profession has risen to the challenge and has been making good use of technology to overcome the issues. For example drones have been used to remotely attend stocktakes or staff have used mobile devices to live stream from warehouses so remote auditors can take part virtually.
Companies with a stock market listing have been doing their best to stick to filing deadlines as delays cause investors to get concerned.
The professional has done a good job in the circumstances.
To learn more about Reporting Accounts and how we have information and insights into more than 4.8 million UK companies visit our website at https://www.reportingaccounts.com
48 episoade
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