Simon Cleveland, UK Public Policy and Regulatory Lead at Deloitte and Katie Canell, Managing Director, UK Audit Innovation at Deloitte, discuss the role of technology in helping to improve audit. Technology has drastically changed the world of audit, they agree, and data extraction will be a key development in the years to come. Technology must be considered for future audit reform, they also assert. “As companies are more able to use technology to describe their business, with more forward–looking risks and opportunities, being able to scenario model those using data and technology, then clearly there’s an opportunity for the audit product to evolve with that as well,” says Cleveland.
About The Author
Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors.Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry.We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
July 9, 2019
November 8, 2019
July 5, 2019