Technology in Audit Engagements

This document discusses the impact of technology in audit engagements and how it is changing the way auditors operate. It covers three key technologies that are affecting the audit profession: Machine Learning, Natural Language Processing, and Deep Learning. The document also provides rationales for the selected technologies and how they are assisting auditors in performing complex tasks like viral object recognition and others. The document concludes that while these technologies can reduce the extent of involvement of the auditors, they cannot replace the auditors wholly.