Issues in Auditing Practice

Running Head: ISSUES IN AUDITING PRACTICE
ISSUES IN AUDITING PRACTICE
Name of the Student
Name of the University
Author Note

1ISSUES IN AUDITING PRACTICE
Table of Contents
Draft of Email............................................................................................................................2
Rationale....................................................................................................................................4
Reference....................................................................................................................................7

2ISSUES IN AUDITING PRACTICE
Draft of Email
To- Savannah
From- xyz (Senior Auditor)
CC-
Date- September 4, 2019
Subject- Technological development in Audit
This mail is drafted with the intention of explaining the emergence and development of the
technology in audit. The digitalization is not the new concept. It is from early year 2000,
organizations are using the technology for gaining unprecedented operational efficiency
levels and therefore, improving the technology. However, digitalization, over past few years
has gained tremendous popularity. The organizations are being revolutionized, across the
sectors by digital transformational bug. Technology changes the way people does their work.
The drivers that are responsible for these transformations is the result of various factors, some
of which are changes are impacting the products as well as the way of their consumption,
increasing innovations in space of the technology, increased data availability and availability
of the low cost of the devices and therefore technology accessibility of the technology to the
wide ranges of the individuals.
There are three major technologies, which are affecting or threatening for affecting the
professions of audit, which are affecting the professions of auditing are artificial intelligence,
data analytics and robotic process automation. The technology of artificial intelligence is
defined as the undertakings tasks of machines that require certain kind of intelligence, which
refers to the things for instance knowing, sensing, learning, creating, reasoning, generating,
understanding and achieving the goals of the language. It is highly useful for the peoples as it