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
Working Group Members
Exploring the Growing Use of Technology in the Audit, with a Focus on Data Analytics Feedback Statement, Exploring the Growing Use of Technology Data Analytics Project Update - Video Tech Talk - May 2019 Tech Talk - November 2019 Audit Documentation When Using Automated Tools and Techniques Using Automated Tools and Techniques when identifying risks of material misstatement Using Automated Tools and Techniques in Performing Audit Procedures