As an auditor, technical knowledge and regulatory compliance are only part of the job. What sets exceptional auditors apart is the strength of their client relationships. Building meaningful connections with clients not only enhances the quality of the audit but also...
The future of auditing is undergoing a substantial transformation through the convergence of audit quality, technology innovation, regulatory evolution, talent development, retention of employees and shifting stakeholder expectations. These changes are characterized...
The continuous advances in technology have shifted many careers into remote work, a trend accelerated by the COVID-19 pandemic. Working remotely has led to challenges that can impact the effectiveness and efficiency of the audit process. Understanding these...
The effects of the COVID-19 pandemic are seen across all industries, and the field of auditing is no different. Before the pandemic, auditors were known to be out in the field working at clients’ offices every day during busy season. Audit teams would spend most days...
Around this time of year, CFOs and HR professionals often ask me, “Does my 401(k) plan need an audit?” Due to recent changes made by the Department of Labor for the 2023 plan year, many will be very happy to hear that they can avoid an audit for a few more years....
