Accounting Question

How Technology is Tranforming the Field of Auditing

Objective:

This assignment aims to examine how technological advancements are transforming the field of auditing. You are encouraged to explore the benefits and risks associated with the use of technology in auditing and to consider how these innovations are reshaping auditing practices.

Instructions:

You are required to write an essay of approximately 875 words addressing the following question:

Explore how advancements in technology, such as data analytics, artificial intelligence, and blockchain, are transforming the field of auditing. What are the potential benefits and risks associated with these technological innovations?