The future. It’s the topic on the mind of most business leaders – what’s going to happen in the future? And importantly, how do you ensure you’re prepared for it?
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. How can we work together to leverage the possibilities of tomorrow’s audit?
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?
We’ll consider these questions, shining a light on a range of themes, the implications and benefits. 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.
Here you will find the discussions and points of view from our Confidence in the future series. Come explore the future with us.
Finance executives getting started with emerging technologies like robotic process automation (RPA), artificial intelligence (AI), and blockchain can simply focus on one word: data. Given the amount of data available, the ability to harness deeper, more real-time insights is a competitive necessity. PwC shares how tomorrow's technologies can impact the finance function today.
Companies and other decision-makers use information to navigate through a complex world of risks and opportunities, amid technological advances that are unprecedented in their speed and impact. The world of information and trust is being revolutionised. What do companies and stakeholders need to consider to secure their place in tomorrow’s world?
Future uses of technology in the audit promise to be transformative. We look at how auditors are experimenting with automation today and we look ahead to imagine how emerging technologies will enhance the audit of the future.