In this Quickbite we discuss the key risk areas that Internal Auditors and Risk Managers should be focusing on to ensure there is adequate coverage of areas that matter to the business and key stakeholders.

Board members must be aware of their organisations’ principal risks (and opportunities) and the external threats to their operations and strategies. They should also have confidence that internal audit is prioritising these. Especially now. The risk landscape has taken a dramatic and unexpected turn. Looking at 2021, the global coronavirus pandemic (GCP) is likely to shape the risk profiles of organisations in many ways (IIA Risk in Focus 2021 Report).