Innovation and creativity are not traditional concepts associated with auditing. But it is not at the core of our strategy to respond to the unprecedented challenges and opportunities we face as auditors. At the core of our mission is the recognition of the responsibility we have as auditors to society and capital markets. Innovations that lead to enhanced audit quality, such as our application of tailored approaches to auditing, are very important to the organizations we serve.
High quality, independent financial statement audits are essential to maintaining investor confidence. The Company’s Audit experts across all regions are committed to the benefit of the community. These experienced professionals seek to challenge conventional wisdom and unlock valuable insights based on an organization’s business and industry, and innovative audit methods and approaches.
The fundamentals behind today’s auditing standards have been codified – and the world has changed a lot in terms of the approach and value of auditing. These problems are only possible when taking all the transactions of an organization across all departments and analyzing them. Sampling techniques based on risk assessment are applied during the audit. And this is completely fit for purpose. But our world is changing. Moment to moment. The reason is that our audit technology needs to continue to evolve. Today, our auditors can empower their judgment, experience and skepticism with new technologies, data science and scientific analysis.
We are always aware of applying Information Technology in auditing to bring about the highest level of efficiency and speed in processing work to meet timely requirements of customers as well as legal regulations.
We will be able to have focused conversations and target specific companies or exceptions, further increasing the value of the audit you receive.