Technology in Audit Engagements

Running Head: TECHNOLOGY IN AUDIT ENGAGEMENTS
Technology in Audit Engagements
Name of the Student
Name of the University
Author Note

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TECHNOLOGY IN AUDIT ENGAGEMENTS
Table of Contents
E-mail.........................................................................................................................................2
Rationale....................................................................................................................................5
References..................................................................................................................................8

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TECHNOLOGY IN AUDIT ENGAGEMENTS
E-mail
From: [e-mail]
To: [e-mail]
Subject: Recent development in audit technology
Dear colleague,
Introduction
The main aim of writing the e-mail is to make you concern towards the latest impact of
technologies to the profession of auditors. The way business is changing; technology is also
changing. That is. Artificial intelligence is more advanced in today's business, irrespective of
manpower. The roles of auditors are transforming from the audit profession. The main three
technologies that are supporting an audit profession and their potential power will be
discussed. And later on, the impact of these technologies on the audit profession will also be
discussed.
Discussions
 Three technologies that will change the face of audit profession are:
1. Artificial intelligence-This technology includes algorithms that will enable the
software to retain information and think in a similar way like humans. It can
also try and correct new strategy from machine learning to encounter the
obstacles like humans.
2. Data analytics- Data analytics can be used as internal auditing external
auditing. It is used to identify risks and tests the complete sets of data. It also
provides a comprehensive analysis of the organisation's ledger system. It can
be used for learning the clients of the business. Auditors can use client data