Leading-edge digital ey global audit methodology pdf powering the EY audit. The seamless integration of technology into our audits drives quality and Exceptional Client Service.
EY Global Assurance, Vice Chair. There has never been a better time to disrupt and innovate to provide an audit with an even greater focus on quality. At EY we are embracing the benefits of the latest technologies and integrating them into our audit processes to respond to the evolving needs of business, regulators and investors. We innovate and invest in innovation because we are committed to building a better working world and to providing the capital markets with greater confidence, a better business perspective and enhanced transparency. EY Canvas and connects our clients directly with our auditors.
EY Canvas, enhancing our clients’ and EY professionals’ digital experience. Its user-friendly display allows our people to instantly view their specific tasks and focus on those. Our global suite of data analytics, built to scale from the largest to the smallest of our clients, is an integral element of our audits. Analytics at EY is not about tools looking for issues.
It’s about our auditors considering what the analyzed data means and assessing its implication to the audit. We can extract and analyze customer activities. For example, we use analytics to look at sales invoicing activity throughout the year, the impact of credit memos and, ultimately, how the invoices are settled. We obtain a better understanding of both revenue and trade receivables to help focus our audit procedures. We can also glean insights about our clients’ business or areas for process improvements that we can share. Audit quality is at the heart of our innovation strategy. In our journey to building a better working world, we will continue to innovate and integrate new technologies into our audit process.
EY has formed a centralized Automation Center of Excellence, a dedicated team of highly qualified Automation engineers and Process consultants, to enhance the RPA opportunity across the organization. We are currently piloting RPA across various platforms. Computing systems that exhibit some form of human intelligence. Unmanned aerial vehicles piloted remotely.
Young Global Limited, each of which is a separate legal entity. Young Global Limited, a UK company limited by guarantee, does not provide services to clients. EY provides global services to help you retain the confidence of investors, manage your risk, strengthen your controls and achieve your potential. 200b by better serving financially excluded individuals and small businesses in 60 emerging countries.
This year’s winners of our peer-based global recognition program hail from India, China, South Africa and the US. Our Incident Response Integration Service uses IBM Security technology to help organizations improve the tracking of and response to cyberattacks. Private equity resurgence and US tax reform will fuel deal appetite, according to our 2018 outlook. Businesses are continuing to integrate artificial intelligence into their operations despite a lack of talent, according to an EY poll of senior AI professionals.
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