Whitepaper: 4 Keys to the Future of Audit
Technology continues to change at nearly the speed of light with no signs of slowing down. The CPA profession as a whole recognizes that its future success depends on the changes made today; but these pressures are even heavier in the field of audit. Although the breadth of knowledge and services a CPA provides continues to develop and expand, the essential service of the CPA profession is the audit. Audit is the profession’s past, as well as its present. Yet, in order to maintain the reputation of a CPA as the most trusted advisor, reimagined audit services must be our future.
The most pressing challenges facing the audit profession can be grouped into four main categories: quality, innovation, talent and relevance. This whitepaper covers how each of these challenges impact today’s audit and how reimagining solutions to these challenges can transform audits of the future.