There’s a tremendous amount of great new technology available to small and medium-sized businesses these days, but most SMBs have limited resources to devote to this area. It’s important that they ...
The vast majority of professional auditors have expressed concern that AI tools, while helpful, risk undermining professional ...
Ernst & Young plans to invest $1 billion in next-generation assurance technology for its audit teams around the world to leverage as part of an overall $2.5 billion four-year commitment. Processing ...
Remember finding out you could use a calculator for your high school algebra test? A calculator can do some amazing things with numbers, but the thing is, you still had to input the correct numbers ...
BDO’s second annual Audit Innovation Survey, released today, finds that the use of advanced technologies in the audit has crossed from cautiously experimental to increasingly mature. The research also ...
There is a tremendous amount of new technology available these days, and the list is constantly growing. While technology access and options might be the greatest in the history of farming, ...
Technology has been transforming audits for years, and that trend will only accelerate with the Statement on Auditing Standards (SAS) No. 142, Audit Evidence, which took effect on Dec. 15, 2022. SAS ...
Not long ago, audits could be performed only by teams of accountants manually scouring reams of financial information. But given the explosion of data in today’s digital world, it’s critical that the ...
The profession now has a clear path toward achieving long-standing goals, including improved accuracy and more meaningful ...
In the nearly two-yearlong review, auditors found that, “there was no citywide strategy in place for technology purchasing.” Portland has a Bureau of Technology Services that is supposed to manage ...
Putting flesh on the bones of technological change in auditing begins with talking to the people who will affect that change—and those most affected by it. To that end, one of the most important ...
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