In our whitepaper, we try to answer some key questions; 1)What are some of the current challenges facing the audit sector? 2) What aspects must be considered to respond to pandemic-like situations strategically than the reactive stance that most auditors adopted? 3) How can the trust deficit be bridged with technology, given the recent set of audit failures? 4) How can audit planning and execution be made more effective, transparent and value-adding for all stakeholders involved?