Technology

What the Project Aims to Achieve

The objective of the Technology Working Group (TWG) is to:

• Explore emerging developments in the effective and appropriate use of technology, including data analytics, to enhance audit quality; and
• Explore how the IAASB most effectively can respond to these emerging developments via new or revised International Standards on Auditing or non-authoritative guidance (including Staff publications) and in what timeframe.

More information about technology more broadly is also available at https://www.iaasb.org/focus-areas/technology

Current Status of the Project

The IAASB’s efforts on technology are ongoing, and include integrating technology considerations when revising the IAASB’s standards as part of other standard setting activities.

In August 2019, the Technology Workstream Plan was established to set out the process for identifying, developing and issuing non-authoritative guidance that address the effects of technology when applying certain aspects of the ISAs. The Technology Working Group is working to complete the matters set out on the Technology Workstream plan. 

Working Group Information

IAASB Staff Contacts

• Amy Fairchild
• Brett James

Working Group Members

• Fernando Ruiz Monroy, Chair
• Sue Almond
• Josephine Jackson 
• Johanna Field 
• Tania Sergott
• Peter Eimers 

Project Stages