Effects of Technology in Auditing
What information presented in the attached post do you find most interesting? After reviewing the article link they have provided, address one of the following:
If they presented an article related to trends, how do you think the trend will impact external auditing in the future?
If they presented an article related to an audit failure, do you agree or disagree with how the failure could have been avoided? What other suggestions do you have related to avoiding the failure?
Week 10 Response 2
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Week 10 Response 2
Reading the following information was outstanding. Even though several things were outstanding, one of the most interesting information is how artificial intelligence will help automate repetitive tasks. One of the main reasons is that accounting and auditing is one of the fields that consists of repetitive tasks compared to other fields. This repetitive nature makes the job monotonous, which could reduce the employees’ motivation. Moreover, most employees will use much time performing the same thing they could have saved if the process were automated (Pandit, 2023). Artificial intelligence and Robotic Process Automation could save the time accountants and auditors could have used to perform a task while also boosting their motivation.
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