The future. It’s the topic on the mind of most business leaders. How will the future audit and other forms of assurance provide confidence to decision-makers in a digital world?
At PwC, our role is to provide confidence to decision-makers. But as markets evolve and become more complex and new technologies emerge, how will decision-makers know which information to rely on? For users of financial statements, they depend on the audit. As we evolve, what does the future hold for them and for us? Increasing expectations are redefining what the audit of the future must deliver - ‘real time’, ‘on demand’, and even ‘predictive’ audits.
And as technology creates new ways of doing business, we foresee freer flows of information and new requirements for confidence in information. Will this be provided through assurance as we know it today? And how will this work with new technologies and the ability to collate and analyse huge volumes of data from multiple sources?
I invite you to join us in taking a hard look at what tomorrow’s world can and should deliver – for you, your stakeholders, the market and society.