This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Actions needed to adopt technology and enhance the value of the audit

Published on: May 31, 2019

In November 2017, Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants of Scotland held their first joint symposium in Toronto. They discussed and debated the future of the audit profession in the digital age and how technology might be used to enhance the audit. Exactly one year later, on November 2, 2018, the dialogue resumed at a second symposium in Edinburgh to consider whether the same issues were still relevant.

The answer was yes...perhaps even more so.

Led by two expert panels, an audience of auditors, academics, preparers, standard-setters, and educators shared their views on two key issues affecting the assurance profession:

  • the impact of technology on what is audited and how
  • assurance over information beyond traditional financial statements

Download the report for recommendations on actions needed to prepare for the future, from a variety of stakeholders, including professional accounting bodies, educators, accounting firms, regulators, preparers, and those charged with governance.

Download

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.