Audit Technology: Unbelievable Realizations
Technology is growing at an exponential rate. That means firms should move quickly to leverage advanced technologies. Doing so will produce higher quality audits that are also efficient and cost effective for clients.
Firms that don’t yet have a firm handle on digital workflows and risk-based audits will have a steep hill to climb. They will find themselves left behind if they don’t begin now to incorporate advanced technologies, like AI, machine learning, conducting 100% audits, and helping clients gain better insights from financial performance data.
In this white paper, Cathy Rowe, Director, Product Management Accounting and Audit Solutions for Wolters Kluwer, examines how technology is shaping the future of audit.
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