Use of technology in an audit of financial statements - Risk Assessment

Presented by Samantha Bowling,Sara Watson

Presentation type = pre-record/rebroadcast

How technology can help auditors improve efficiency, effectiveness and quality [bold]

Auditors are perpetually in pursuit of enhancing the efficiency and effectiveness of their audits while upholding consistently high standards of quality. The in

Auditors, mainly experienced senior staff and managers

Smaller firm practitioners performing audits

Auditors looking to increase their skills, efficiency and effectiveness

• Identify the perceived barriers and solutions to the introduction of technology tools into the audit process.
• Recall the areas where technology can benefit a practitioner when performing an audit.
• Identify the benefits of using technology

Commonly reported barriers to adopting technology and overcoming them

Illustrating where technology can improve the audit process

Using technology to increase the efficiency and effectiveness of your risk assessment process