15 February 2017 — Consultation Response
Accountancy Europe provided comments on the IAASB’s Request for Input: Exploring the Growing Use of Technology in the Audit, with a Focus on Data Analytics.
We support the IAASB’s efforts to embrace technological innovation within their suite of International Standards on Auditing (ISAs), agree that the journey is evolutionary and that audit data analytics is still a ‘work-in-progress’. It is though being used in earnest right now. We encourage the IAASB to progress the project with energy and open mind and to focus attention in the short-term.