External audit methodologies are under increasing pressure to evolve and innovate. This session will explore how traditional audit practices are adapting by incorporating cutting-edge technologies like AI and machine learning, ultimately enhancing efficiency and accuracy in assurance processes. Participants will gain insights into how these innovations are reshaping audit strategies, particularly in data analytics, to better address the complexities and challenges of modern audits.
Learning objectives:
1) Explore innovations in audit that provide opportunities for audit teams to maximize their capacity.
2) Learn how utilizing and implementing new audit techniques will advance your firm into the future of the auditing profession.
3) Understand how technology investments can drive higher audit quality and efficiency.