The Changing Landscape of Audit and Control Through Automation
Chief Financial Officers are under greater pressure and taking on more responsibilities than ever before. CFOs and other finance executives are playing increasingly strategic roles in the organization.
Lee Coulter provides an overview of the changing landscape in Audit and Control. Intelligent automation technology has created a new reality for risk management, audit, and control.
Welcome to the end of control sampling and say hello to 100%. The new reality is that audit firms are no longer asking for a few samples to test your controls. They simply want access to everything: the whole ledger, and every single journal entry.
The topics in Lee's discussion include:
- Utilizing modern tools to identify trends, risks, and outliers that were never possible
- Using intelligent automation in your operation to eliminate control risks
- Ensuring you are ready when your external auditor simply wants everything