what the impact of a specific technology on auditing. Provide a description of the technology, an...

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Accounting

what the impact of a specific technology on auditing.Provide a description of the technology, an explanation of itscurrent and potential future impact on auditing, and a suggestionof how auditing and auditors can better adapt to the changesbrought about by the technology.
Technology Description: Provide a brief description ofthe technology you chose.
? Impact on Auditing: Provide an explanation of the current impactof the technology on auditing and its potential future impact.Support your analysis
with research.
? Suggestions for Adapting: Provide suggestions for how auditorscan better adapt to the changes brought about by the technology. Ifthe technology you chose creates challenges for the profession,make suggestions for how auditors can adapt to meet thesechallenges. If the technology offers opportunities for theprofession, make suggestions on how auditors can better adapt totake advantage of these opportunities.

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4.4 Ratings (634 Votes)

Technology description One of the technologies that is currently being utilized and could impact auditing in significant way is Artificial Intelligence AI AI helps in generating tasks which could otherwise be done by humans over a longer period The technology would analyse the data full set of population and throws out meaningful decisions Certain programs are designed and if the inputs are given it would throw us the output It exhibits some form of human intelligence and it includes number of technologies like data mining image and speech recognition It relies on See Answer

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