- Company: PwC
- Position: Director
- Remit/main activity: Leader Technology Enabled Audit
- Place of work: Zurich
What makes my work exciting?
Without question, new technologies have made life simpler both for members of the finance function and for external auditors. Innovation and technology offer enormous potential and are making it possible to further develop audit services. However, the value-added provided by technology-backed auditing is dependent not only on digital transformation, but also on bringing together employees, technology and expertise in harmony.
How has the industry changed? What are the challenges of the future?
What role will new technologies play for auditing in the more distant future? Quality, cost efficiency, security, transparency and fact-based decision-making. In light of this, companies are connecting up digital information ecosystems to network with customers, suppliers, authorities, banks and financial markets, as well as to ensure rapid, automated data and information transfer. This has led to a data explosion and is forcing ecosystem participants to adapt their processes, controls, structures and corporate governance systems. This is the only way they can generate, analyse and make appropriate use of the required data.