The pandemic created huge obstacles for audit firms and the businesses they serve, but that turmoil encouraged auditors to adopt cloud technology. Fast-developing online audit tools are helping auditors meet the challenges of remote working and, in turn, opening the door to new ways of working. This paper takes you through a typical modern audit to illustrate the issues that accounting professionals encounter when undertaking this work. 

The story will show how audit partners, managers and their teams deal with pressures from clients for better value alongside continuing regulatory changes and compliance demands.

Cost pressures can affect quality and time-consuming traditional methods make it difficult to add value to the engagement for clients. By the end of this eBook, we will be able to see how new audit tech can shift those negative perceptions while allowing the audit practice to carry out their work in less time and serve a larger pool of clients more effectively.