Module 4 short paper.docx - Short Paper Auditing Technologies Southern New Hampshire University Ashley Mattos ACC411 Auditing Principles M a tt o s | 2

Module 4 short paper.docx - Short Paper Auditing...

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Short Paper: Auditing Technologies Southern New Hampshire University Ashley Mattos ACC411: Auditing Principles 7/28/19
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M a tt o s | 2 Technologies are emerging that will change audits in a big way; soon, gone will be the days when teams of accountants spent what seem to be endless hours scouring over a company’s financial information, transaction histories, records, and more to positivley ascertain the legitimacy and accuracy of the information the company’s mamangement provided. With the usage of cognitive technologoes, predictive analtics, and smart hubs the audintg world of accounting is able to speed up the process entirely, gather better evidence – quicker, asses more risks and probablities using even more data, and work remotely so that the needed information is never far away (Forbes Insights Team, 2018). Today’s goal is not to discuss all of the exciting new auditing technologies that are changing the future of audits for the better, instead, we are going to focus on just one, cognittive technologies. Cognitive technologies is a technology that utilizes artificial intelligence, which learns and adapts to unknown information further building up its analytical capabilities,
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  • Spring '16
  • Financial audit, External auditor

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