In a collaborative effort, CA ANZ and the ACCA have launched the Audit and Technology Playbook: A Practitioner’s Guide. This playbook provides audit professionals with practical insights and strategies to navigate the rapidly changing landscape of audit technology. It offers practical advice on integrating technology into the audit process, ensuring that practitioners remain competitive and capable in a tech-driven world.

The development of the playbook was informed by a series of roundtable discussions held with ACCA and CA ANZ members across several markets. These discussions, coupled with extensive research into key trends influencing audit technology, have shaped a guide that is relevant for practices of all sizes. The guide also emphasises the potential for smaller firms to adopt new technologies to achieve higher profitability and client satisfaction.

Key sections of the playbook explore the technology trends shaping the business landscape, including how these technologies work, their application in business settings, and the skills auditors need to interact with them. Ethical considerations and risks are a crucial aspect of the playbook, highlighting the importance of human input in the audit function, and the danger of relying too heavily on technology.

To support audit professionals on their journey towards digital transformation, the playbook offers a set of five actionable steps. These steps are designed to help practitioners remain competitive and capable in a rapidly changing world, ensuring they can effectively integrate technology into their audit practices.