“The Audit of the Future” once may have seemed like a distant concern or just a hot topic reserved for a special session at an industry conference. But as it stands today, this catchy concept can be ignored no longer, because what “The Audit of the Future” really means is technology.
And technology is here—that is undeniable. The real question is not if you should implement technology in your audit practice, but how you should implement it.
This can be very challenging, considering the
number of products on the market. Some of the new
technologies offered today are very capable products
that have the power to greatly improve your audit
practice, but their implementation can come at a
significant price. Considering the stakes, it’s important
you get it right. To read more and learn the steps to
increase your chances of success when implementing
a new audit technology, click on the link to the right
and view the full article.