Will auditing eventually be conducted electronically using AI? What does the future hold?

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Some aspects perhaps. But there is NO adequate substitution for human interaction and critical judgements.


Lots of pain for the profession if we don’t modernize more quickly and get more in touch with our stakeholders


80% of what we do as auditors can be automated and performed by AI. And that is where the profession is headed. It’s the remaining 20% that requires judgment, is where we will be spending our time going forward.

The biggest economic impact of this is going to be a shift in the billing model for accounting firms. It has to move from a T&M model to a value-based model.


How would you assess value for an audit

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