Technology in Audit Engagements

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

TECHNOLOGY IN AUDIT ENGAGEMENTS1
Table of Contents
Answer to Part 1: Email.............................................................................................................2
Answer to Part 2: Rationales for Selected Technologies...........................................................5
References..................................................................................................................................8

TECHNOLOGY IN AUDIT ENGAGEMENTS2
Answer to Part 1: Email
From [e-mail]
To [e-mail]
Subject Technologies that have brought rapid advancements in auditing
profession
Hello Savannah,
I am well aware of your concern related to the fact that rapid advancements in audit
technologies is creating major impact on the manner the auditors operate. By acknowledging
your concern, I am going to discuss about three key technologies that are majorly affecting
the audit profession.
 Three technologies that are affecting the audit profession in the recent time are
Machine Learning, Natural Language Processing and Deep Learning. These are
discussed in below.
Machine Learning – Machine learning is a key technology that involves in using
statistical analysis for generating predictions and making decisions from effectively
analysing large historical dataset
Natural Language Processing – Natural language processing is another innovatory
technological change in the auditing profession that provides the computers with the
ability of recognizing as well as undressing human speeches.
Deep Learning – Deep learning is one of the major parts of machine learning which
involves in closely mimicking the human learning with the use of artificial neural
networks in order to perform more complex tasks like viral object recognition and
others.