What’s driving change in the audit environment?
Robert Dohrer of RSM International examines how the use of technology and the changing views of regulators towards technological change are the driving forces of the audit industry.
If you have ever purchased a new car, the chances are you will have only noticed superficial changes between an older and newer model. In a similar fashion, an audit may look the same on the surface but the detail belies a whole range of transformations and changes. If we unpick the detail, there are two key developments that are changing the audit industry forever – the use of technology and the changing views of regulators towards technological change. These are the driving forces of the audit industry.