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Question: The article "Auditors Brush up on Their Digital Skills to Keep Pace With Clients" as well as video supplement for this week, "Profession in Focus,"
describes how data analytics and artificial intelligence will be incorporated into audit and assurance work of the future. Catherine Ide, host of the Profession in Focus episode explains how, "these innovations are rapidly changing the mechanics of the audit".
Please explain and provide examples of how data analytics or artificial intelligence can impact the performance of a traditional audit.
Reference
Center for Audit Quality. (2018, October 9). CAQ "profession in focus," episode 64 (Scott Zimmerman)
Attachment:- Video file.rar
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