Digitalisation in the audit profession

Digitalisation is currently bringing about lasting change to businesses and the economic environment in which they operate, at an ever-increasing pace. Digital technologies are impacting companies' strategies, processes and products, leading to far-reaching changes across all sectors. Digitalisation is also affecting companies' value chains and business models. It stands to reason that digitalisation also influences the profession of the auditor in its role as a key trusted authority in the economy. This book examines the key impacts of digitalisation on the profession of the auditor. It also offers the reader an outlook on the future development of the profession in the age of digitalisation. In doing so, it draws on assessments and opinions from both the academic literature and professional practice. The qualitative survey of six auditors from four different audit firms serves as the data basis for the practical analysis.