NAA2606. The Modern Audit Practice A Strategic and Innovative Approach

As the audit landscape continues to evolve, firms must adapt by embracing new strategies, technologies, and leadership approaches to stay competitive. This session will provide an in-depth look into the modern audit practice of the future with overview of what a modern audit practice will look like in the future with a focus on strategic vision and leadership. Attendees will explore how emerging trends such as automation, AI, data analytics, and shifting client expectations are reshaping audit practices. We’ll also discuss the leadership skills required to guide firms through these transitions, drive innovation, and foster a culture of continuous improvement. With insights on long-term planning and positioning, this session will equip participants with the tools to lead their firms confidently into the future of auditing, ensuring sustainable growth and resilience in an increasingly complex environment.

Learning Objectives:

• Gain a strategic understanding of the future of audit practices and the key drivers of change, including technology, regulatory shifts, and client demands.
• Understand how creating and leveraging technologies like automation and AI can enhance audit quality, efficiency, and insights.
• Explore Understand the importance of a client-centric approach and how to adapt audit services to meet evolving client expectations.
• Learn Understand how to future-proof your audit practice, focusing on scalability, innovation, and sustainability in the face of industry disruption.