In this blog post, we focus on potential applications of Large Language Models (LLMs) and generative AI (GenAI) in Audit. The objective is to introduce this transformative technology and discuss how it can empower professionals whilst raising awareness of the associated risks of implementing GenAI in day-to-day practices.

In this blog post, we focus on the transformational journey of Beever and Struthers’ audit function through the Knowledge Transfer Partnership (KTP). The objective is to showcase how adopting a socio-technical, democratic, and participative approach is planned to facilitate this transformation.

In this article, we delve into the crucial role of audit methodology within the regulatory framework of auditing. As the audit profession undergoes significant transformations driven by technological advancements, shifts in the political landscape, and the ongoing impact of the pandemic, it is essential to highlight the importance of audit methodology in maintaining audit quality.

In the wake of the global pandemic, the auditing profession, like many others, found itself at a crossroads of rapid digital transformation. The need for remote work and social distancing accelerated the adoption of digital tools reshaping the landscape of audit practices. This blog delves into the profound impact of digitalisation on auditors, highlighting the challenges and opportunities it presents in the realms of platformisation, virtualisation, surveillance, and the blurring of professional boundaries.

The global upheaval caused by the COVID-19 pandemic has left no industry untouched, and the world of auditing is no exception. The sudden shift to remote work, coupled with stringent social distancing measures, posed unprecedented challenges for auditors. Traditionally reliant on in-person interactions and on-site examinations, audit firms had to quickly adapt to maintain the integrity and quality of their work.