Episode 418: How Auditors Can Improve Efficiency and the Budget

Innovation Insights, with Donny Shimamoto.

CPA Trendlines presents a Center for Accounting Transformation production

Innovation Insights: Five clicks in five minutes? Sounds too good to be true – but automation can be simple and life-changing.

With everyone going remote, it’s presenting auditors with new challenges. But technology can help, according to Colleen Knuff and Stefan Davis, in this interview with Donny Shimamoto.

Part of Wolters Kluwer, which was recently accepted to the ASC X9 (American National Standards Institute or ANSI), the industry setting body for financial institutions, Knuff and Davis explain not only how some solutions allow real-time collaboration versus working in silos, but also how data-driven audits increase capacity and allow more profitability while reducing risk and maintaining high peer-review standards.

(Recorded February 2022)

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