"...the increase in remote work and other things will bring about major changes in processes

and interfaces. This has repercussions for process risks, the suitability of established controls,

and ultimately the general effectiveness of the internal control system.

The extent to which a company is affected by changes in the internal control system depends

to a large extent on the degree of automation and system support of the processes in question.

Companies with well-developed control automation will have to cope with different

challenges than organizations with mostly manual controls."

Source:

Deloitte, 2020. COVID-19: Effects on the internal control system. Available from:

https://www2.deloitte.com/content/dam/Deloitte/de/Documents/about-deloitte/COVID-19-

Effects-on-the-internal-control-system-fact-sheet.pdf [Accessed 18 August 2021].

Required

1) Read the above Deloitte article.

2) Discuss the objectives and benefits of internal controls in organisations.

3) Identify and explain possible reasons resulting in internal control lapses and override in

organisations, especially during covid-19 pandemic. Appropriate and relevant

examples/case studies may be used to