Audit and technology playbook: A practitioner’s guide

At a glance

Discover how AI and machine learning are transforming the audit process
Learn practical steps to adopt technology while managing risks and maintaining audit quality
Explore strategies to upskill staff, manage change and invest in governance frameworks

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Report by:

CA ANZ and ACCA

As emerging technologies reshape the audit profession, staying ahead of trends is crucial for audit practitioners. The Audit and technology playbook: A practitioner’s guide, developed by Chartered Accountants Australia and New Zealand (CA ANZ) and ACCA, offers a comprehensive guide to help auditors adapt and thrive in this changing landscape.

Key insights

The playbook provides practical guidance for audit firms of all sizes, particularly small and medium-sized practices (SMPs), on integrating digital tools and staying competitive in an increasingly tech-driven environment.

What it covers

Harnessing generative AI (GenAI) and automation: Discover how AI and machine learning are transforming the audit process, enabling deeper insights and increased efficiency.
Navigating the risks: Learn how to manage key risks, including automation bias and over-reliance on technology, ensuring that human oversight remains a priority.
Future-proofing audit practices: Explore strategies to upskill staff, manage change, and invest in governance frameworks that protect audit quality.

This playbook is a critical tool for auditors as we embrace the rapid pace of technological change. It provides practitioners with the knowledge they need to successfully implement and govern the latest tools while keeping human oversight at the forefront.

Mike Suffield

Director of Policy and Insights, ACCA

What you will learn

Technology trends shaping the audit landscape: Gain insight into disruptive technologies like blockchain, cybersecurity, and the Internet of Things (IoT), and understand some of their implications for the audit profession.
Balancing the use of technology with human judgment: Explore the critical role of professional scepticism and judgment in an era of increasing automation.
Practical steps for digital transformation: Get actionable advice on creating a technology roadmap, managing change within your firm, and preparing for the future of audit.

Who should read this?

Audit practitioners: Equip yourself with the latest knowledge on how to integrate advanced technology into your audit practice.
Small and medium-sized audit firms: Learn how to adopt scalable, off-the-shelf solutions to improve audit quality and client satisfaction.
Business leaders and decision-makers: Understand the risks and rewards of emerging audit technologies and how they can impact your organisation.

The profession is entering a new era where technology offers vast opportunities for efficiency and insights. However, ethical considerations and professional judgment must remain central to the audit process.

Simon Grant

Group Executive, Advocacy and International at CA ANZ

Further reading