THE FUTURE OF AUDIT: MYTH OR REALITY? Alan W. Anderson, CPA. Copyright 2017 Alan W. Anderson. Copyright 2017 Alan W.
|
|
|
- Amanda Cameron
- 5 years ago
- Views:
Transcription
1 THE FUTURE OF AUDIT: MYTH OR REALITY? Alan W. Anderson, CPA Copyright 2017 Alan W. Anderson Copyright 2017 Alan W. Anderson
2 SESSION OUTLINE Real-time Economy Audit of the Future Dynamic Integration What Can I Do Today? Conclusion Questions Copyright 2017 Alan W. Anderson 2
3 Real-Time Economy Copyright 2017 Alan W. Anderson 3
4 Consider The Following: Who in the room does have a their iphone, ipad or other PDA turned off? When was the last time you read an historical financial statement to make a decision? Copyright 2017 Alan W. Anderson 4
5 Consider the Following? Does your firm wait for month-end GAAP financial statements to inform everyone as to what is going is going on? How often do you get requests for more timely internal reports based on metrics or analytics in your firm? Copyright 2017 Alan W. Anderson 5
6 THE REAL TIME ECONOMY? IT S ALREADY HERE!!! What does this mean for Auditing? Copyright 2017 Alan W. Anderson 6
7 What keeps you awake at night thinking about the FUTURE of Audit??? D Copyright 2017 Alan W. Anderson 7
8 Current Audit Model Traditional Audit Future Auditing Past Present Future Lagging indicators One size fits all (GAAS) Ignores non-financial measures Audits results of past decisions, well after the fact Leading indicators Links steps to clients mission, vision and values Analytics tied to factors critical to success Moves decision criteria to a real time process Copyright 2017 Alan W. Anderson
9 Current Audit Model Traditional Audit Past Present Future Audit Future Lagging indicators Periodic Historical Cost-basis Financial only Looking backward Leading indicators On-demand Real-time/future Leverages big data Comprehensive Use of data analytics Looking forward Copyright 2017 Alan W. Anderson
10 REAL TIME ECONOMY Processes that are Supported by real-time systems Monitored on a close to continuous basis AI enabled Highly time dependent Processes where timely decisions give competitive advantage Copyright 2017 Alan W. Anderson 10
11 Real Time Auditing Requires The Future Greater Emphasis on the Reliability of: Systems Processes People Rather than an exclusive focus on the numbers Copyright 2017 Alan W. Anderson
12 Auditing In The Future Key Drivers TECHNOLOGY METHODOLOGY STANDARDS NEW SKILLS Copyright 2017 Alan W. Anderson 12
13 A Vision Methodology Tools Non-Integrated Manual Process Platform Tools Research: FASB, GASB, PCAOB, YB, IAASB, AICPA RIVIO Value Add External Data Industry data, adverse news feeds, external client information Dynamic Audit Solution Cloud Methodology Client Big Data Structured and unstructured Dashboards: Quality, etc. Non-Integrated Manual Process Financial Statements Nano-learning & CPE Research Tax Export Current Potential Future Copyright 2017 Alan W. Anderson
14 Audit of the Future Dynamic Audit Solution (DAS) AI Enabled Engagements Intelligent Audit Programs Real-time Client Collaboration Dynamic Scaling Dynamic Dashboards Data Driven Audit Artificial Intelligence Data Analytics Smart Financial Statements Copyright 2017 Alan W. Anderson
15 AI Enabled Programs DAS Solution: AI Enabled Engagements Real-time Client Collaboration Dynamic Scaling Dynamic Dashboard Copyright 2017 Alan W. Anderson
16 Data Driven AI DAS Solution: Data Driven Data Analytics Smart Financial Statements Copyright 2017 Alan W. Anderson
17 WHAT CAN I DO NOW? Copyright 2017 Alan W. Anderson 17
18 Leveraging Current Technology Takes More Than Talk Technology: You control it; don t let it control you Planning: Lose the FIFO and SALY mentality. Start fresh and plan how you re going leverage technology to audit THIS company THIS year Copyright 2017 Alan W. Anderson 18
19 Example Areas to Leverage Technology Data Extraction Current Analytical tools Virtual (remote) audit Access to client data Copyright 2017 Alan W. Anderson 19
20 Example Areas to Leverage Technology Links to external data (RMA industry data) Internet alerts Pilot big data and data analytics Continuous audit Copyright 2017 Alan W. Anderson 20
21 QUESTIONS? Copyright 2017 Alan W. Anderson 21
22 THANK YOU! Alan W. Anderson, CPA ACCOUNT-ability Plus, LLC Copyright 2017 Alan W. Anderson 22
23 Gale Crosley, CPA Crosley+Company. All Rights Reserved
24 Future of Audit
25 A seismic shift Data analytics Artificial intelligence Cybersecurity Continuous auditing Blockchain
26 Data analytics Within the audit Beyond the audit Source: Brian Fitz-Gerald, Akseshen, Data Analytics Provider
27 Data analytics manufacturing niche Within the audit Restructured and automated audit procedure templates for a firm's manufacturing practice. The new templates reduced auditors' time spent on this procedure from 5 hours to 15 minutes. Source: Brian Fitz-Gerald, Akseshen, Data Analytics Provider
28 Data analytics food processing Beyond the audit Management reports showed substantial profit decline. Corrective action taken restored profits. Data analytics identified production factors eroding margin. Source: Brian Fitz-Gerald, Akseshen, Data Analytics Provider
29 Data analytics restaurant group Beyond the audit Data analytics for valuation of a restaurant group with 1,200 locations over 5 years, in preparation for an acquisition transaction. The purchase price was based upon trend analysis, including identifying underperforming stores in declining markets. Source: Brian Fitz-Gerald, Akseshen, Data Analytics Provider
30 Continuous auditing Blockchain
31 Tampa Bay
32 First way station Research vendors consultants universities peers
33
34 Research each industry market to discover strategy Industries Const Mfg Banking Healthcare Not For Profit Total Partner Leader Audit Rev $3,360 $5,250 $3,270 $1,100 $3,120 $16,100 Sue # Clients ,020 Partner Leader Carol Sam Jack Rich Paul Data analytics Artificial intelligence Cybersecurity Continuous audit Blockchain
35 Construction data analytics
36 Manufacturing cybersecurity
37 Concurrent way stations Research Re-evaluate audit and risk services department relationship Together they will shape audit s future
38 This begs the question, what is the definition of the Audit Department? Financial statement attestation only? What about non-financial statement attestation? What about consulting as well? Where will the new technologies manifest first?
39 Concurrent way stations Research Re-evaluation Get out in front with thought leadership TT need a pix
40 Thought leadership Your clients and advocates should be hearing from you
41 Innovation starts with thought leadership Thought leadership Innovation
42 Concurrent way stations Research Re-evaluation Thought leadership Acquire expertise - Data analytics - #1 - Internal audit - Cybersecurity
43 Traditional talent model Anticipated talent model
44 Firm hiring of new accounting graduates has slowed 20% of total new hires since 2014 have been non-accounting grads Source: 2017 AICPA Trends Report From AICPA Council Meeting Fall, 2017
45 Firm M&A activity: New service areas 26% of largest US firm acquisitions in 2017 were of non-cpa firms 37% of those acquisitions were technology skills Source: AICPA Council Meeting Fall, 2017
46 Concurrent way stations Research Re-evaluation Thought leadership Acquire expertise Find early adopters
47 FUTURE Identify like-minded clients
48 Decade of collaboration
49 Gale Crosley, CPA Crosley+Company. All Rights Reserved
2019 Crosley+Company. All Rights Reserved. Gale Crosley, CPA
2019 Crosley+Company. All Rights Reserved Gale Crosley, CPA Everyone has gotten the memo Change is the only constant in life Heraclitus 535 475 B.C. Probably the biggest change in 525 years Franciscan
The Future of Audit: Myth or Reality?
The Future of Audit: Myth or Reality? Presented by Alan W. Anderson, CPA Session Outline Out Instant Gratification Culture Use of Data Analytics RADAR Initiative Audit of the Future Dynamic Integration
A Changing Profession for a Changing Market: Evolving services, skills and talent to meet business demands
AICPA Conference on Current SEC and PCAOB Developments December 4-6, 2017 Washington, DC (and online) Kimberly N. Ellison-Taylor, CPA, CGMA Chairman, American Institute of CPAs Remarks As Prepared for
NASBA Annual Meeting 2017 Kimberly N. Ellison-Taylor, CPA, CGMA Chairman, American Institute of CPAs Remarks As Prepared for Delivery
NASBA Annual Meeting 2017 Kimberly N. Ellison-Taylor, CPA, CGMA Chairman, American Institute of CPAs Remarks As Prepared for Delivery Good morning Chairman Lodden. Thank you so much for inviting me to
Be a Hero in Boom Times Not Just in Bust Times
Be a Hero in Boom Times Not Just in Bust Times BE A HERO IN BOOM TIMES NOT JUST IN BUST TIMES Patrick Connaughton Research Director, The Hackett Group The Hackett Group The Evolving Business Environment
State of the Profession
State of the Profession Georgia Society of CPAs Annual Convention Bill Balhoff, CPA, CGMA Chairman, AICPA Board of Directors July 1, 2014 High satisfaction with CPA performance 91% 87% 97% of BDMs very/somewhat
THE 4TH INDUSTRIAL REVOLUTION
WHY? THE 4TH INDUSTRIAL REVOLUTION 4 Photographer: Simon Dawson/Bloomberg We stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another.
Efficiency and Effectiveness Are Not Mutually Exclusive: It Takes A&A Leadership
Efficiency and Effectiveness Are Not Mutually Exclusive: It Takes A&A Leadership Presented by Alan W. Anderson, CPA 1 Session Outline The Audit Dilemma Audits Past, Present and Future Audit Leadership
THE POWER OF ADVISORY SERVICES
THE POWER OF ADVISORY SERVICES CONTENTS 4 What it means to become your clients trusted advisor 5 Why core products are becoming irrelevant... and faster than you think 6 Keys to embracing the change 8
The Strategic Potential of Internal Audit
June 2017 The Strategic Potential of Internal Audit Deliver Greater Value to Senior Management and Boards A white paper by William C. Watts, CIA Audit / Tax / Advisory / Risk / Performance Smart decisions.
Copyright 2018 Deloitte Development LLC. All rights reserved. Deloitte Future of Work 1
Deloitte Future of Work Deloitte Future of Work 1 Presenters Jeff Mike is VP and HR Research Leader for Bersin, Deloitte Consulting LLP. He integrates rigorous research approaches with over 15 years of
Cloud Computing Opportunities & Challenges
Cloud Computing Opportunities & Challenges AICPA & CPA/SEA Interchange State Regulatory & Legislative Affairs Emerging Technologies July 11, 2017 Presented by Donny C. Shimamoto, CPA.CITP, CGMA 1 Unless
By Terrence Putney, CPA, and Joel Sinkin. PRACTICE MANAGEMENT / TECHNOLOGY Building a state-of-the-art M&A target
PRACTICE MANAGEMENT / TECHNOLOGY Building a state-of-the-art M&A target PHOTO BY BLACKRED/ISTOCK A firm can enrich its value to prospective suitors by investing in a top-notch IT infrastructure and exhibiting
The evolution of finance Steps for modernizing the office of the CFO
The evolution of finance Steps for modernizing the office of the CFO February 13, 2018 Webcast notes Resources List: Download today s slides and access other helpful links by clicking the icon Q & A: Have
Selecting Vertical Markets for a Digital Firm
Selecting Vertical Markets for a Digital Firm Thomas R. Gawne, CPA, Director of Professional Services, CPA.com 1 Thomas Gawne, CPA, Director, CPA.com Director of Professional Services 28 years in the tax
AI in government: Could smart technology revolutionize the public sector? The Dbriefs Federal & State Government series
AI in government: Could smart technology revolutionize the public sector? The Dbriefs Federal & State Government series Mark White, Principal, Deloitte Consulting LLP Marc Mancher, Principal, Deloitte
8 MOST IMPORTANT AI AND ANALYTICS TRENDS FOR 2019
8 MOST IMPORTANT AI AND ANALYTICS TRENDS FOR 2019 8 MOS T I MPO RTA NT A I A ND A NA LYT IC S T REN DS FOR 20 1 9 Analytics and artificial intelligence use data science and advanced computing algorithms
Chapter 02. Professional Standards. McGraw-Hill/Irwin. Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter 02 Professional Standards McGraw-Hill/Irwin Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Authority of Organizations Public Company Accounting Oversight Board Auditing,
1. A series of business and related auditing failures led to the passage of the Sarbanes-Oxley Act (2002).
Chapter 02 The Financial Statement Auditing Environment True / False Questions 1. A series of business and related auditing failures led to the passage of the Sarbanes-Oxley Act (2002). True False 2. The
GROW, COMPETE, THRIVE
GROW, COMPETE, THRIVE Be independent, but don t go it alone. At Allinial Global, we understand and celebrate the entrepreneurial spirit embodied by the more than 100 independently owned accounting and
The Business Transformation Playbook
The Business Transformation Playbook Jim Boomer, CPA, CITP, CGMA, MBA Chief Executive Officer Arianna Campbell, LSS Black Belt Consultant CPA, CITP, CGMA Accounting Today Top 100 CPA Practice Advisor's
Bringing patients into focus
Health Care Of special interest to Health care executives Insights for 5executives Bringing patients into focus Using analytics to create a 360-degree view The patient is again becoming the focus of the
FGFOA 2017 Focus on the Future
IT Modernization: Bringing Government from Obsolete to Cutting Edge FGFOA 2017 Focus on the Future Christine Horrocks, CPA/CFF, CGMA Brent Pruim, CPA Topics Covered State of the industry with respect to
F i n a n c e a n d H R : B e t t e r To g e t h e r i n t h e C l o u d
F i n a n c e a n d H R : B e t t e r To g e t h e r i n t h e C l o u d Mary Kilmer Executive Director Oracle Healthcare Mike Andrus VP HCM Transformation Oracle OPERATIONAL AGILITY IOT MARGIN Financial
FINANCE S DIGITAL FUTURE: SETTING STRATEGY AND ENABLING TRANSFORMATION
WHITE PAPER FINANCE S DIGITAL FUTURE: SETTING STRATEGY AND ENABLING TRANSFORMATION July 20, 2018 Written by Nagaraja Srivatsan, Chief Growth Officer, EXL Narasimha Kini Senior Vice President and Head of
The Future of Auditing.
The Future of Auditing. 1 The Future of Auditing Audits are different now then they were 20 years ago or 40 years ago Technology and environment are always changing so what s different now? 2 The Future
FROM PERCEPTION TO MEASURED REALITY. Leverage Analytics to Improve Clinical & Economic Outcomes 1 A 5-MINUTE EXECUTIVE BRIEF FROM ECOLAB HEALTHCARE
FROM PERCEPTION TO MEASURED REALITY Leverage Analytics to Improve Clinical & Economic Outcomes 1 A 5-MINUTE EXECUTIVE BRIEF FROM ECOLAB HEALTHCARE A UNIVERSAL TRANSFORMATION Turning Data into Actionable
taking StepChange Consulting Driving Change to Deliver Results
taking the Make right a turn turns Wood Paper Packaging StepChange Consulting Driving Change to Deliver Results our SerViCe Portfolio from StrateGy development to operational improvement StakeHolder SerViCeS
THE DIGITAL REINVENTION OF INDUSTRY. Ben Salama Industry 4.0 Summit 28 February, 2018
THE DIGITAL REINVENTION OF INDUSTRY Ben Salama Industry 4.0 Summit 28 February, 2018 INDUSTRIAL LEADERS ARE BEING CHALLENGED CEO Our core business is no longer delivering the expected growth, others are
Your Partners in Success
Your Partners in Success 8362 Pines Blvd., Suite 382 ~ Pembroke Pines, FL 33024 Phone 1-866-678-6588 Fax: 954-430-8776 www.baspartners.com Our Firm MISSION STATEMENT It is the mission of BAS Partners to
Transformation in the Internal Audit Function Neil White October 5, 2017
Transformation in the Internal Audit Function Neil White October 5, 2017 2017 Deloitte Global Chief Audit Executive (CAE) Forum Key Opportunities Key Insights Deliver advanced analytics and visualization
State of the Profession
State of the Profession FEI of Northeastern Wisconsin January 19, 2016 Copyright 2016 American Institute of CPAs Tim Christen, CPA, CGMA Chairman, AICPA Board of Directors Someone's sitting in the shade
TRANS FORMING INTO AN AI BUSINESS
TRANS FORMING INTO AN AI BUSINESS Click for Video 2 TRANSFORMING YOUR BUSINESS AND INTRODUCING AI AT SCALE REQUIRES MULTIDIMENSIONAL STRATEGIC THINKING TO EFFICIENTLY REALIZE RELEVANT USE CASES, LEVERAGE
Mid-market technology trends: Leveraging disruption to drive value The Dbriefs Private Companies series Anthony Stephan, Principal, Deloitte
Mid-market technology trends: Leveraging disruption to drive value The Dbriefs Private Companies series Anthony Stephan, Principal, Deloitte Consulting LLP Chris Jackson, Senior Manager, Deloitte Consulting
The Three M s of Federal Communications: Millennialize, Mobilize and Modernize
The Three M s of Federal Communications: Millennialize, Mobilize and Modernize Millennials matter more than ever. Millennials are the first generation to be born into a completely digital world. Their
COGNITIVE QA: LEVERAGE AI AND ANALYTICS FOR GREATER SPEED AND QUALITY. us.sogeti.com
COGNITIVE QA: LEVERAGE AI AND ANALYTICS FOR GREATER SPEED AND QUALITY ARTIFICIAL INTELLIGENCE vs. COGNITIVE COMPUTING Build a system that can generally perform any intellectual task so called Strong AI
The H igh C ost o f B usiness D isruption i n Modifying a nd M aintaining E RP
February 2013 Sponsored by: UNIT4 The H igh C ost o f B usiness D isruption i n Modifying a nd M aintaining E RP IS I T COSTING YOU TOO M UCH? Data Source Mint Jutras collected 240 responses to an electronic
Embracing Opportunity Demands an Internal Audit Transformation
September 2018 Embracing Opportunity Demands an Internal Audit Transformation An article by Dawnella Johnson, CPA, and Mike Percy, CPA Audit / Tax / Advisory / Risk / Performance Smart decisions. Lasting
Auxiliary Organization External Auditor Qualifications. Sedong John, Director, Systemwide Financial Standards & Reporting
Auxiliary Organization External Auditor Qualifications Sedong John, Director, Systemwide Financial Standards & Reporting AOA Annual Conference, January 16, 2013 Why Establish Standards for Audit Firm Qualifications?
REGISTER BY SEPTEMBER 29 TH FOR $100 SAVINGS
REGISTER BY SEPTEMBER 29 TH FOR $100 SAVINGS Agenda Day One Thursday, November 8, 2018 8:00 AM: Seminar Registration/Breakfast 9:00-9:15 AM Welcome and Introduction In this introduction, we lay out the
Unlocking opportunities
Unlocking opportunities What we will cover today Overview What exactly is big data? Technology trends, tools and technologies Looking into the future Global survey Views from our members in industry Case
Lease Accounting Change Faces Real-World Challenges
Q&A Lease Accounting Change Faces Real-World Challenges An Interview With Simon Little and Luis Lopez Garay of Crowe Audit / Tax / Advisory / Risk / Performance Smart decisions. Lasting value. Lease Accounting
Turban and Volonino. Business Intelligence and Decision Support Systems
Turban and Volonino Chapter 12 Business Intelligence and Decision Support Systems Information Technology for Management Improving Performance in the Digital Economy 7 th edition John Wiley & Sons, Inc.
Chapter 2. The CPA Profession
Chapter 2 The CPA Profession Review Questions 2-1 The four major services that CPAs provide are: 1. Audit and assurance services Assurance services are independent professional services that improve the
Chapter 02. Professional Standards. Multiple Choice Questions. 1. Control risk is
Chapter 02 Professional Standards Multiple Choice Questions 1. Control risk is A. the probability that a material misstatement could not be prevented or detected by the entity's internal control policies
Technology in the mid-market Embracing disruption Appendix Full survey results
Appendix Full survey results August 2018 Technology in the mid-market Embracing disruption From May 16 to June 4, 2018, a Deloitte survey of mid-market companies was conducted by OnResearch, a market
Auditing & Assurance Services, 7e (Louwers) Chapter 2 Professional Standards
Auditing & Assurance Services, 7e (Louwers) Chapter 2 Professional Standards 1) Control risk is A) the probability that a material misstatement could not be prevented or detected by the entity's internal
Enterprise Mobility Native Mobile Apps that Transform Business Processes and Boost Productivity
Enterprise Mobility Native Mobile Apps that Transform Business Processes and Boost Productivity MicroStrategy enables companies to quickly build impactful, high-quality native mobile apps that mobilize
2019 NATIONAL MANUFACTURING OUTLOOK AND INSIGHTS INNOVATION. TECHNOLOGY. TALENT.
2019 NATIONAL MANUFACTURING OUTLOOK AND INSIGHTS INNOVATION. TECHNOLOGY. TALENT. 2019 National Manufacturing Outlook and Insights Innovation. Technology. Talent. Contents Introduction Results Summary Economic
2019 NATIONAL MANUFACTURING OUTLOOK AND INSIGHTS INNOVATION. TECHNOLOGY. TALENT.
2019 NATIONAL MANUFACTURING OUTLOOK AND INSIGHTS INNOVATION. TECHNOLOGY. TALENT. 2019 National Manufacturing Outlook and Insights Innovation. Technology. Talent. Contents Introduction Results Summary Economic
Changing Role of Internal Auditors to Digital Auditors
Changing Role of Internal Auditors to Digital Auditors IS INTERNAL AUDIT READY? 1 OVERVIEW OF TODAY S PRESENTATION Defining Digital Transformation Emerging Technology and Change Impact of Digitalization
A View from the C-Suite: The Value Proposition of Shared and Global Business Services The Conference Board 20th Annual Global Business and Shared
A View from the C-Suite: The Value Proposition of Shared and Global Business Services The Conference Board 20th Annual Global Business and Shared Services November 2016 A View from the C-Suite: The Value
Why Procurement Needs One & How to Create It
A Digital Strategy: Why Procurement Needs One & How to Create It Presented by ProcurementIQ and Bertrand Maltaverne 1-888-878-9429 info.iq@ The Digital Transformation of Procurement You ve heard about
Deloitte School of Analytics. Demystifying Data Science: Leveraging this phenomenon to drive your organisation forward
Deloitte School of Analytics Demystifying Data Science: Leveraging this phenomenon to drive your organisation forward February 2018 Agenda 7 February 2018 8 February 2018 9 February 2018 8:00 9:00 Networking
The EU and its Partners: Banks and Investors in a Digital World
The EU and its Partners: Banks and Investors in a Digital World Introducing Panel I - The Digital Client Veronica Lange Head of Innovation, UBS Introducing Panel II - The Digital Bank Anke Bridge Head
The Future of Accounts Payable
May 7-9, 2017 Disney s Yacht & Beach Club Resorts, Florida The Future of Accounts Payable Presented by: Mark Brousseau May 7-9, 2017 Disney s Yacht & Beach Club Resorts, Florida Accounts Payable Automation
If your assets could talk, what would you ask them?
Intelligent asset management If your assets could talk, what would you ask them? Reduce downtime and extend asset life, while lowering maintenance costs and operational risk The better the question. The
Chapter 25 Other Assurance Services. Copyright 2014 Pearson Education
Chapter 25 Other Assurance Services Understand the level of assurance and evidence requirements for review and compilation services. Describe special engagements to review interim financial information
The Truth about Digital HR
The Truth about Digital HR Technology, Transformation & Realities David Wilson, CEO / david.wilson@fosway.com / @dwil23 @fosway June 18 1 Europe s #1 HR Analyst Founded 1996 In-depth corporate research
SFS 2.0 IN ACTION DIGITAL EXCELLENCE
Stanley Black & Decker Investor Day May 16, 2017 SFS 2.0 IN ACTION DIGITAL EXCELLENCE Brian Koster VP Digital Excellence 2015 Viewpoint Digital Is Transforming How We Live & Work Fueled By Disruptive Technologies
Will there be finance after digital?
Will there be finance after digital? The EY Digital Finance Lab in Eschborn, Germany brings together technology, people and innovation to help you explore how finance functions can effectively manage disruption.
Reimagine Finance Powered by Intelligent Automation
Reimagine Finance Powered by Intelligent Automation Putting artificial intelligence at the heart of your F&A Fragmented finance systems and processes mean that many organizations are highly inefficient
White Paper The Digital CRO
White Paper The Digital CRO Gerold Grasshoff, Thomas Pfuhler, Volker Vonhoff, and Stefan Bochtler December 2018 1 M icrosoft founder Bill Gates once said, We always overestimate the change that will occur
Today s CFO: Changing the game plan for tomorrow
Risk Technology Today s CFO: Changing the game plan for tomorrow Investment Strategy As businesses evolve, the scope of the CFO s role is expanding. CFOs now have to balance competing demands on their
2-2 The major characteristics of CPA firms that permit them to fulfill their social function competently and independently are:
Link full download Solution Manual : http://testbankair.com/download/solution-manual-forauditing-and-assurance-services-16th-edition-by-arens-elder-beasley-and-hogan Link full download test bank: http://testbankair.com/download/test-bank-for-auditing-andassurance-services-16th-edition-by-arens-elder-beasley-and-hogan/
November 12-14, 2017 Bellagio Resort & Casino, Las Vegas. Get Ready for Artificial Intelligence
Get Ready for Artificial Intelligence About ULVAC Technologies, Inc. Japanese-owned, semiconductor & vacuum tech equipment distributor and manufacturer Sells equipment to build MEMS sensors for IoT Many
Using Data Analytics and OSIsoft s Connected Services for Remote Monitoring and Diagnostics
Using Data Analytics and OSIsoft s Connected Services for Remote Monitoring and Diagnostics Presented by Greg Tanck REGIONAL SEMINARS 2015 Copyright 2015 OSIsoft, LLC WE RE BUILDING A WORLD OF DIFFERENCE.
Internal audit insights High-impact areas of focus
Internal audit insights High-impact areas of focus Introduction In any organization, there are numerous areas where Internal Audit s objectivity, perspective, and skills can assist stakeholders and provide
HITTING THE BULL S EYE: GET TARGETED IN YOUR CLIENT APPROACH. June 23, 2016
1 HITTING THE BULL S EYE: GET TARGETED IN YOUR CLIENT APPROACH June 23, 2016 Introductions Deneen Dias Senior Strategic Account Manger 7+ years working with firms on ways to utilize cloud technology to
Enabling a Digital India. Rajarshi Sengupta Senior Director, Deloitte 26 June 2015
Enabling a Digital India Rajarshi Sengupta Senior Director, Deloitte 26 June 2015 Agenda Defining Digital and its impact Digital in the Public Sector Digital Architecture Paradigms 2 What is Digital? The
A Practical Approach to IoT: 3 Manufacturers Explain How
A Practical Approach to IoT: 3 Manufacturers Explain How A Practical Approach to IoT: 3 Manufacturers Explain How Real-world use cases demonstrate best practices for applying IIoT and Industry 4.0 concepts
Test Bank Auditing A Risk Based Approach To Conducting A Quality Audit 10th Edition
Test Bank Auditing A Risk Based Approach To Conducting A Quality Audit 10th Edition Full download: https://testbankarea.com/download/auditing-risk-basedapproach-conducting-quality-audit-10th-edition-test-bank/
CA Mainframe Resource Intelligence
SOLUTION BRIEF CA MAINFRAME RESOURCE INTELLIGENCE CA Mainframe Resource Intelligence Can I have a simple report to show our stakeholders how our mainframe is actually reducing opex and driving digital
Cloud Computing: HCM SaaS
Cloud Computing: HCM SaaS Chris Leone Senior Vice President Applications Development 92 Safe Harbor Statement "Safe Harbor" Statement: Statements in this presentation relating to Oracle's future plans,
The Future of Accounts Payable
November 12-14, 2017 Bellagio Resort & Casino, Las Vegas The Future of Accounts Payable Presented by: Mark Brousseau November 12-14, 2017 Bellagio Resort & Casino, Las Vegas Accounts Payable Automation
Mark Koziel, CPA, CGMA. Executive Vice President, AICPA January 2019
Mark Koziel, CPA, CGMA Executive Vice President, AICPA January 2019 2,500,000,000,000,000,000 bytes of data are created every day. Source: DOMO S&P 500 CONSUMER-CENTRIC COMPANIES Since 2000 41% have been
DRIVING PERFORMANCE IN FINANCIAL SERVICES. New Approaches. for. the Data Driven CFO. a publication by
DRIVING PERFORMANCE IN FINANCIAL SERVICES New Approaches for the Data Driven CFO a publication by and Introduction Intuitively, many of us recognize that the decision window for executives has been shrinking
Supply Chain Trends and Challenges. Provider & Supplier Perspectives.
Supply Chain Trends and Challenges Provider & Supplier Perspectives gene.schneller@asu.edu 90+ Industry Partners Established in 1986 as a non-profit research center Our Partners: Arizona State University
SAP Delivering the Intelligent Enterprise
SAP Delivering the Intelligent Enterprise Goldman Sachs Seventh German Corporate Conference September 25 th, 2018 Luka Mucic, CFO Safe Harbor Statement Any statements contained in this document that are
Cloud Accounting. Presentation by: Ronald N. Bwosi Managing Partner, Ronald's & Associates, Friday, 11 th May 2018
Cloud Accounting Presentation by: Ronald N. Bwosi Managing Partner, Ronald's & Associates, Friday, 11 th May 2018 What is Cloud Accounting Traditional Accounting Cloud Accounting Internet Explorer, Firefox,
Get Started Today with Smart Connected Operations
Get Started Today with Smart Connected Operations Some Key Messages Industry 4.0, the IIoT and Smart Manufacturing are going to do to today s manufacturing business what the industrial revolution did to
Building Your Firm s System To Work the Way YOU Want to Work
Building Your Firm s System To Work the Way YOU Want to Work By Darren Root, CPA, CITP, CMGA Managing Partner Root & Associates, LLC Table of Contents Introduction... 3 The Importance of Asking WHY...
Beyond EDI Unlocking new value with transactions enabled by SAP Ariba and the Ariba Network
Beyond EDI Unlocking new value with transactions enabled by SAP Ariba and the Ariba Network As a global trading community, the Ariba Network serves as a business-to-business marketplace for buying and
Laboratory Europe. Enter Cognitive Hub. Managing complexity within the Workplace of the Future
Laboratory Europe Enter Cognitive Hub Managing complexity within the Workplace of the Future Cognitive Hub Integrates AI services and cognitive capabilities to improve the way you work This scalable platform
Chapter 2. The CPA Profession
Chapter 2 The CPA Profession Review Questions 2-1 The four major services that CPAs provide are: 1. Audit and assurance services Assurance services are independent professional services that improve the
2. The auditors' report on a corporation's financial statements usually is addressed to the president of the company.
Chapter 02 Professional Standards True / False Questions 1. To express an opinion on financial statements, the auditor obtains reasonable assurance about whether the financial statements as a whole are
NEW WORLD NEW CAREERS NEW EDUCATION
NEW WORLD NEW CAREERS NEW EDUCATION Human Sciences enables technology to be smart. Technology enables humans to work and live better. FUTURE-PROOF YOUR CAREER BY CHOOSING A DYNAMIC MASTER S DEGREE THAT
Delivering smarter audits Insights through innovation
Delivering smarter audits Insights through innovation Deloitte is defining the audit of the future, building on the strong foundation of trust and confidence that the capital markets place on today s
What will you do as an IBM Entry Level Consultant?
What will you do as an IBM Entry Level Consultant? As an Entry Level Consultant, you will have the opportunity to join a cohort of talented and committed colleagues on a two-year journey designed to develop
Smart Manufacturing: Convergence, Co-Design & Co-Optimization Improve Performance, Sustainability and Yield across Microelectronics Supply-Chain
Smart Manufacturing: Convergence, Co-Design & Co-Optimization Improve Performance, Sustainability and Yield across Microelectronics Supply-Chain Tom Salmon VP, Collaborative Technology Platforms SEMI Talking
Small business Big ambitions
HIRE MARKET SELL LEARN Small business Big ambitions Marketing Playbook for SMBs SMBs have the advantage of flexibility. Your business may be small, but your ambitions are huge. LinkedIn can help get you
Building the Foundation for Digital Insurance. An IDC InfoBrief, sponsored by CSC and EMC September 2016
Building the Foundation for Digital Insurance September 2016 Executive Summary Insurers are moving away from the traditional wait-and-see approach to embrace new technologies as never before. They realize
FOR TOMORROW TRANSFORMING FINANCE ARGYLE WEBCAST BRIEF
ARGYLE WEBCAST BRIEF TRANSFORMING FINANCE FOR TOMORROW BUSINESS MODEL DISRUPTION FROM ADVANCING TECHNOLOGIES IS INEVITABLE, EXCITING, AND POTENTIALLY TERRIFYING FOR CHIEF FINANCIAL OFFICERS, WHO WILL SEE
Supercharge your Financials Planning Analysis and Close Reporting with Mobility
Supercharge your Financials Planning Analysis and Close Reporting with Mobility Session ID: 10651 Prepared by: Ramke Ramakrishnan, Grant Thornton LLP @ramker18 Your presenter Ramke Ramakrishnan Principal
Name: Venkat Bhamidipati. City: Seattle, WA. Company: Microsoft. Title: CFO, Worldwide Enterprise & Partner Group
Name: Venkat Bhamidipati City: Seattle, WA Company: Microsoft Title: CFO, Worldwide Enterprise & Partner Group Education: BA, Commerce, Osmania University MA, Commerce, Osmania University MBA, Indiana
SAP Enterprise Support The Choice for the Intelligent Enterprise
SAP Enterprise Support The Choice for the Intelligent Enterprise May, 2018 To take a lead in Brazil s agro-industry, Stara is leveraging SAP cloud solutions with the help of SAP Enterprise Support Thanks
PEGA 101 AI, AUTOMATION, AGILITY. Product and Technology Overview
PEGA 101 AI, AUTOMATION, AGILITY Product and Technology Overview And now for something completely different Pega Overview Why clients chose Pega? What makes our technology different? The Pega Platform
MOBILE SURVEYING & INSPECTIONS APPLICATION. Every dollar you defer on capital projects will cost you 4x as much in reactive maintenance.
MOBILE SURVEYING & INSPECTIONS APPLICATION Every dollar you defer on capital projects will cost you 4x as much in reactive maintenance. 1 If you own or manage properties, you need to know the condition
Insights and analytics by IBM MaaS360 with Watson
Insights and analytics by IBM MaaS360 with Watson A cognitive approach to unified endpoint management to help transform your business Highlights Tap into the vast potential of mobility by uncovering business
Metrics that Matter Metrics that Matter
Metrics that Matter Metrics that Matter We could not manage the If you have an LMS, you should plug in Metrics that Matter. It is a fantastic enterprise if we did not have the The reports and tools in