As the business environment continues to move forward rapidly, employing technology at nearly every turn, clients expect their auditors to keep pace using technology and data analytics to deliver audit quality. The Auditing Standards Board (ASB) in the fall of 2022 conducted a survey to understand potential impediments to auditors’ use of information technology, including emerging technology. In Part 1, participants will dive into the results of the survey, including the benefits auditors are achieving when using technology as well as why some auditors shy away. Further, participants will receive a high-level understanding of some prominent areas in the audit where technology can provide efficiencies and stronger evidence during the audit process.
Recall how technology is shifting the perspectives on the value of an audit.
Identify where and why auditors use, or avoid, technology in the audit process
Recognize how to overcome barriers to adopting and applying technology during your audits
Director - Audit and Attest,
AICPA & CIMA