Technology In Audit Engagements Discussion 2022

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
Section 1: Email to Savannah....................................................................................................2
Section 2: Rationale supporting the Email.................................................................................4
References..................................................................................................................................7

TECHNOLOGY IN AUDIT ENGAGEMENTS2
Section 1: Email to Savannah
From: [e-mail]
To: [e-mail]
Subject: Use of Advanced Technologies in the Auditing Profession
Dear Colleague,
In the recent years, the way of auditing has been massively affected by the inception of
certain key technologies as these are creating significant impact on different aspects of audit
engagement. Among all of these technologies, three technologies affecting the audit
operations are discussed below.
Brief Explanation of Three Technologies
Drone Technology – The use of drone technology is increasing in auditing for improving
and enhancing both the efficiency and effectiveness of crucial audit works. Through the
integration of drone technology with other advanced technologies like data analytics and
artificial intelligence, the auditors can use drones for many audit tasks.
Cyber security – Since the auditors have to deal with large amount of data, there is
significant and continuous risk of cyber-attack. The use of advanced tools in cyber security
helps the auditors in mitigating the risk of cyber-attack on large amount of audit data.
Intelligent Automation – Auditors all over the world are increasingly using intelligent
automation tools for the effective use of digital data while fulfilling the auditing
responsibilities within the organizations. The main components of intelligent automation are
predictive analytics, digital automation and cognitive technologies.