The Remote Auditing Experience
Modern technology makes it easier for businesses to get the level of assurance they need through a virtual audit experience. Using remote communication tools and collaborative digital workplaces, you can expect to receive the same level of personalized, hands-on service and high-quality, professional deliverables from a virtual audit as you would from a traditional on-site audit.
5 Steps to a Successful Remote Audit
A well-planned remote audit should consist of a timeline that is stringent enough to complete a comprehensive and timely audit, yet flexible enough to accommodate any changes in your daily life. The pillars of a successful remote audit experience stem from comprehensive planning, clear communication, and integrated software and technology.
Withum’s five-step approach to a successful remote, virtual audit:
- Secure Data Sharing
- Communication
- Planning
- Flexibility
- Technology
Audit Innovation
Today’s changing world is at the forefront of a digital transformation. As the business environment adapts, the future of auditing is evolving into a collaborative experience – seamlessly connecting people, resources and technology to bring better value, broad insight and high-quality virtual audits to your business.
Changing The Future of Auditing
At Withum, we place a significant amount of focus on learning how new audit technology can enhance our A&A clients’ service experience and improve the audit process. Promoting an innovative mindset enables us to apply improved and more efficient auditing techniques to better serve our clients. Strategic investments in technology have helped our team members provide ever-increasing levels of value-add data analysis, business intelligence, data security and other advisory services to our clients.
Withum Audit Intelligence
Withum Audit Intelligence (Withum AI) is a cloud-based workflow solution that will improve audit efficiency and give you the power to dive deeper into your financial data. Withum AI streamlines the audit engagement process by allowing our A&A services team members to extract your company’s full financial history within minutes. We then use that information to create working papers for audit and review engagements with the click of a button. Withum AI also allows your engagement team to access the data necessary for an accurate, in-depth analysis of your business. Featuring bank-grade security encryption, Withum AI will save you time by reducing information requests, allowing you to focus on what is truly important to your business.
Contact Us
For more information or to discuss your business needs, please connect with a member of our team.