The accounting and auditing worlds have come a long way from the days of ubiquitous HP 12c calculators.
As is the story throughout the business world, emerging technologies are revolutionizing the way work gets done. These cutting-edge tools have the promise and potential to be a boon to audit firms looking to improve the quality and efficiency of their work, differentiate themselves in an ultra-competitive environment, and perhaps even insulate themselves from risk and liability. Among the technologies being adopted by audit firms are artificial intelligence, machine learning, robotic process automation, blockchain, cloud-based storage and services, advanced data analytics, and data visualization.
