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Wednesday, December 26, 2012

Audit Automation and Regulatory Compliance: Needs and Challenges

The use of automation in the audit function-whether it is for the administration of the audit organization or tools employed to critically analyze an organization's transactional data -has become a requirement, not an option. Auditors should no longer rely on manual techniques, even if they are tried and true. Auditors must embrace the technology, as intelligent users of the new tools.

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