Perspectives
5 ways to automate and improve the quality of your audits
6 Jun 2024 - 2 minutes read
“Technology is empowering the accountant to rise to loftier heights, which bodes well for the future of the profession. Young prospective accountants are coming into a world set to be transformed by technology, where they will be involved in high-value, high-impact activities driven by innovation.” according to Forbes.
In 5 Ways to Automate and Improve the Quality of Your Audits, L. Gary Boomer, CPA, CITP, CGMA, MAcc discusses how to automate and enhance audit quality. These include embracing technological shifts, trusting cloud technology for streamlined audits, using centralized platforms for secure confirmations, leveraging APIs to elevate automation, and choosing a reliable technology partner like Thomson Reuters®.
You’ll learn best practices for implementing these strategies in your firm, and how you can achieve increased efficiency, enhanced security and better talent management in audit firms
Plus, read how Rehmann demonstrated significant improvements in their audit processes after implementing these strategies.
It’s critical to make technology decisions that will help you confidently move your firm into the future. That’s why it’s so important to partner with a trusted provider that has the experience you need and is proven to deliver results for the profession. Thomson Reuters offers world-class solutions to help you simplify the complexities of audits, reviews, risk assessment, and more.
Confirmation can help you speed up and simplify your audits in a centralized, secure digital platform.