22CF-GOVT: MNCPA Audits of Local Governments Conference (In-Person)
D1. Audit of the Future: Myths and Realities of Leveraging Technology
Speaker:
Alan Anderson
Mon, 12:30 pm - 1:20 pm
Audit clients continue to become more global, diverse and technology-reliant, while audit methodologies and processes haven’t fundamentally changed in 25 years. Although there’s been talk of audits shifting from attesting on past results annually to delivering real-time assurance, very little has been accomplished. Move forward and discuss what firms must do to successfully nurture and manage meaningful change that will coordinate people, processes and systems to evolve auditing work. Explore useful approaches to integrate into client systems, leverage big data and use data analytics and technology more proactively with your audits. Come away with specific recommendations and tools to position your firm for the future, navigate barriers, evolve your capabilities and move to a data-driven audit approach.
NASBA field of study: Auditing - Technical (1)
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