Assignment about IT in Auditing

Running head: IT IN AUDITING
REPLY TO MAIL
IT IN AUDITING
Name of the Student
Name of the University
Author note

Respected Sir/ Madam,
Hope you are having a nice day. Proper research is made as per the company and
operational requirement. It is expected that the data that are collected will be benefitting the
entire process of auditing. Proper recommendations are provided.
3 technologies that will be affecting the audit profession are as follows: -
 IT Audit
 Artificial Intelligence
 Blockchain technology
Disruptive potential of these technology
 Affect communication: In case of the IT Audit, communication process will be getting
benefitted to a large extent. Proactive communication of the issues that are based on the
trends are performed. Integrated communication tools are also used in this technology.
Again in case of AI, deep learning is incorporated and hence wise it helps the leaders to
understand the traits of individual employees and hence wise facilitating the
communication process, AI also helps in aligning the goal of task with the behavioral
traits of individual. This helps in better communication as well. Blockchain also
facilitates the functional process of communication specially when there are more than
one branches of the organization. Hence wise it has been seen that few sensitive data of
one of the organization can be acting beneficial in the collaboration process. With the
help of blockchain, the sensitive data are transacted in a secured manner.
 Support auditor’s analytical procedure at various stages in audit: The different stages that
will be getting benefitted due to the implementation of the above stated technologies
includes the likes of Risks assessment procedures, substantial analytical procedures and