Disruptive technologies, like cloud computing, artificial intelligence, big data, and blockchain are expected to have a significant impact on auditing. Practitioners who embrace these changes can take advantage of new opportunities. This course will discuss the evolution of A&A engagements, as well as the impact of new, disruptive technologies on how professionals work. The presenter will review these technologies, and discuss how these advancements will empower the continuous audit. And, the session will offer practical tips on what your firm can do now to prepare for these changes to help you future-proof your audit practice.
Which new technologies are expected to impact the audit and how.
The potential impact continuous auditing will have on audit quality/value.
Potential implications for audit standards.
Practical tips on how a firm can begin to prepare the A&A practice to be successful in this new environment, including staffing and development, technology tools, client service, and change management considerations.
Gary Bong, CPA, is managing partner at California-based CPA firm, and has practiced for more than 30 years. He is also a founder and CFO of AuditFile, a provider of cloud-based audit automation solutions, where he relies on his extensive experience in delivering audit services across industries to set the vision for the product. Gary previously served on both the Qualifications Committee and the Peer Review Oversight Committee of the California Board of Accountancy and currently the MAP Committee of the California Society of CPAs.
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