As the COVID-19 pandemic continues, auditors are facing new and unique challenges performing audits. In response, they need to be more agile and creative in performing audits and complying with the auditing standards. The key is remembering that, while the auditing standards outline the performance requirements for obtaining reasonable assurance that the financial statements are free from material misstatement, the auditing standards do not set specific requirements on how auditors might obtain such assurance. Now, more than ever, auditors might rely on technology in performing audit procedures. Access this Center for Plain English Accounting report for more information.