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Area of Focus Sessions

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 a focus on strategic vision and leadership. Attendees will explore how emerging trends such as automation, artificial intelligence (AI), data analytics, and shifting client expectations are reshaping audit practices. Presenters will 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:

  • Recognize the future of audit practices and the key drivers of change, including technology, regulatory shifts, and client demands.
  • Recognize how creating and leveraging technologies like automation and artificial intelligence can enhance audit quality, efficiency, and insights.
  • Distinguish the importance of a client-centric approach and how to adapt audit services to meet evolving client expectations.
  • Identify how to future-proof your audit practice, focusing on scalability, innovation, and sustainability in the face of industry disruption.
Date/Time
CPE Credits
1.5
NASBA Field of Study
Auditing
Level
Update - (for participants with a background in the subject area who desire to keep current)
Prerequisites
For participants with a background in the subject area who desire to keep current
Advanced Preparation
None
Session Tags
Advanced Accounting & Auditing