Technology
On this page we have compiled resources on emerging technologies relevant to assurance practitioners.
IAASB:
The IAASB has issued non-authoritative material on several topics that would be helpful to auditors.
- FAQs on investigating exceptions and relevance of performance materiality when using ATTs.
- Non-authoritative support material: Audit planning when using ATTs.
- FAQ: Addressing risk of over reliance on technology arising from the use of ATTs and from information produced by an entity’s systems.
- Non-authoritative support material: Using ATTs when identifying risks of material misstatement.
- Non-authoritative support material: Using ATTs in performing audit procedures.
- Non-authoritative support material: Audit documentation when using ATTs
The IAASB also issued digital technology market scans from its monitoring activities that would be of interest to auditors.
- Internet of things technologies
- Digital assets
- Robotic process automation
- Homomorphic encryption for analysing encrypted data
- Natural language processing
- API access to external data sources for enriched analysis
- Data standardisation platforms for enabling data access
- Artificial Intelligence—A primer