Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Tech Firms Gathering More Audit Data for Large Companies

Feb. 11, 2019, 8:09 PM

Bigger companies in the U.S. and U.K. are starting to delegate the data gathering part of the audit process to technology companies rather than accounting firms, according to a new report.

A third of large companies are already reapportioning their audit processes, with another 44 percent thinking of doing so, according to a report published Feb. 11 by consulting firm Source Global Research.

Forty-five percent of the companies said that this would mean more parts of the audit going to technology firms.

“Medium-sized companies are looking into this,” Source Global ...