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The financial statement audit evolved for your changing business needs. That's Tomorrow's audit, today.
The new equation of people + technology
Quality first, purpose always. That’s what drives us today and it’s how we’re bringing audit into the future. Blending industry leading technologies, innovative thinking and focused knowledge, we design, build and implement an evolved audit with the power to build trust in a changing world. We lead the profession in digitizing the audit, recognizing the important balance between human + tech to bring deeper business insights.
Quality is the bedrock of building trust- and we are leading the profession
Audit quality is foundational to establishing trust in the capital markets. Building on our exemplary record from last year, PwC has delivered sustained, profession-leading audit quality results in the Public Company Accounting Oversight Board’s (PCAOB) annual inspection.* Driven by a quality-first, independence-minded focus, your diverse PwC team delivers an audit experience that aligns simplification, standardization, specialization and automation to enhance audit quality.
*Only two 2020 audit engagements of the 56 that were subject to inspection is included in Part I.A. of our 2021 PCAOB inspection report, dated Nov. 4, 2022.
Your audit: Smarter approach, smarter technology
We enhance the audit via our ongoing commitment to technology — continually reinventing and revolutionizing. This commitment drives quality and efficiency while generating insights. Today, the power of Aura, our industry-leading, global, cloud-based audit platform, comes to life in the hands of our digitally upskilled and experienced team. Your audit will be right-sized, scalable and fully customized to meet your changing needs. And we will never stop innovating as we continually strive to bring our clients the highest quality audit.
“PwC, via its Aura platform, has demonstrated a commitment to placing innovation at the center of both its employee experience and its client experience.”
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Who makes up the audit team?
Your diverse and inclusive audit team brings technical experience, deep industry knowledge and a passionate commitment to client service. They create authentic relationships through genuine interactions, impactful communication, issues- resolution skills and balanced perspectives. Your audit team delivers quality with deep technical accounting and audit acumen. Digitally upskilled to develop and deploy automations, PwC’s teams drive innovation customized to your audit. And your audit team is driven by values that guide us to make a meaningful difference with our clients — and the world at large.
Audit insights that generate new ways of thinking
Having built the largest Trust Solutions practice in the world, we will bring you holistic, seamless, and coordinated perspectives — through and beyond the audit — covering your key priorities. That means unique audit leadership and access to specialists in areas including, but not limited to, ESG, human capital, cybersecurity, cloud, AI, valuation, and tax. Unique perspectives, deep insights and valuable discussions are born from this approach. One with a holistic view on your processes and financial reporting risks. One that can lead to a better audit. One that can deliver value. One that you can trust.
Where our insights are considered permissible non-audit services, we will seek to obtain audit committee pre-approval.
Greater audit efficiency and profession-leading quality = less time and stress for your team
Agile. Streamlined. Effective. Less burdensome. That’s Tomorrow’s audit, today and our commitment to you. How do we do it? Powerful tech, custom automations, delivery centers and deep audit experience help us to streamline testing and focus on complex, judgmental areas while timely resolving issues. Enabling enhanced quality and efficiency across all audit dimensions.
What we bring to your audit
Only firm investing over $3B in digital upskilling.
Ranked #1 on Vault's Top 25 Accounting Firms list for the 11th year in a row and #1 on Vault's Best Accounting Firms list for Audit, Tax and Forensics survey.
Ranked #1 of the Big Four for Diversity.
Multiyear Audit Innovation of the Year award winner from the International Accounting Bulletin.
Ranked #1 largest Trust Solutions practice in the world.
2023 Digital Innovation of the Year winner at International Accounting Forum & Awards for AI capabilities for auditors including predictive analytics, AI-assisted financial statement disclosure checking and AI-enabled search functionality.
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