19th Oct 2023

Audit challenges and the role of technology

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To restore confidence in the audit market, the UK regulator, the Financial Reporting Council (FRC) embarked on a suite of ongoing measures to improve audit quality with the ultimate objective of restoring faith in the credibility of audit. This comes at a price for auditors in the form of more rigorous auditing standards which bring enhanced responsibilities and the need to demonstrate full compliance.

In this new whitepaper, get insight into the challenges affecting small and mid-tier audit firms and discover how software can help support compliance with audit standards and enhance audit quality. 

What you'll learn

  • How to obtain ‘sufficient appropriate audit evidence’
  • How to select sample sizes
  • Assertion-based testing
  • Sources of audit evidence
  • Using technology to improve audit quality
  • How is Thomson Reuters helping auditors respond to these challenges?

Download this Guide

Thomson Reuters audit challenges whitepaper cover

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