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The Technology Lab Podcast – Technology Governance – July 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss models for technology governance. Tankersley, CPA.CITP, CGMA, Randy Johnston Randy Johnston 00:00 Good day Welcome to Technology Lab. Today we’d like to talk about technology governance. Use the podcast player below to listen. SPEAKERS Brian F.

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Businesses Focus on Automation to Achieve SOX Compliance

CPA Practice

The fourteenth annual Sarbanes-Oxley (SOX) Compliance Survey , conducted by global consulting firm Protiviti, has found that 74% of organizations are seeking opportunities to further enable automation, while 58% reported an increase in hours spent on SOX compliance in the last year. Otherwise, they will struggle to reap the benefits.

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Top Information Technology Audit Risk Considerations in 2023

Cherry Bekaert

As organizations continue to rely on technology to achieve their business objectives, information technology (IT) risks continue to evolve, becoming increasingly complex and challenging to many organizations. While these technologies offer numerous benefits, they also introduce new IT risks that organizations must plan for and manage.

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2024 Tax and Technology Predictions: Automation and Artificial Intelligence Will Augment the Tax Compliance Landscape

CPA Practice

have shared their top tax and technology predictions, and explore how the intersection of automation and artificial intelligence will continue to impact tax compliance, how economic and market factors will affect growth across global business segments, and more. 2024 will be the year of audits. Scott Peterson, Avalara VP of U.S.

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Digital Automation Increasing in Tax Firms

CPA Practice

Technology will play a key role in driving value for businesses in the face of new and current challenges. Expect to see a bigger push for digital automation. Make sure your goals are clear before jumping into any new tech. A great example of divisions trending toward automation is tax departments and government agencies.

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Developing an audit plan

ThomsonReuters

Jump to: What is audit planning? What is included in an audit plan? 7 steps to develop an audit plan How long does audit planning take? Executing the audit plan Audit planning is the bedrock of a successful audit. Audit planning, however, is not a simple, check-off-the-box process.

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Internal Audit Foundation Report Finds Changing Risk Landscape Will Require Shift in Hiring Trends

CPA Practice

The recruitment and hiring landscape for internal audit must evolve to ensure the profession keeps pace with a changing risk environment. According to the report, hiring managers tend to seek recent college graduates who have studied accounting (80%), followed by those from auditing (53%) and business (44%).

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