Effects of the remote auditing in Iraq during COVD-19

This paper intends to investigate implications of COVID-19 to the Iraqi market environment’s remote external auditing strategy. The results of this paper were achieved using a desk research designed to examine the potential effect of COVID-19 crisis on three significant audit quality determinants during the pandemic. These techniques include risk management and risk assessment. A descriptive survey of 25 auditing firms and 127 auditing bureaus has been conducted. There is a consensus and acceptance to introduce remote auditing by external auditors due to the assumption that the consequences of the COVID-19 pandemic will be the greatest challenge for auditors. Furthermore, under normal circumstances as well as during the pandemic phase, the remote auditing method can be introduced. External auditors can incorporate a remote auditing approach that can be customized to suit the unique needs of their clients.