Given the value digitisation creates for both the organisation and the broader financial industry, regulators have encouraged digital adoption to improve the quality of external audits. History suggests that in times of economic uncertainty, financial fraud will surge. It escalated during the 1991 and 2008 recessions. And more recently, in 2020 alone, the world economy lost US$42bn in financial fraud. The alarming scale of fraud has highlighted the urgent need for more robust processes and technologies to detect and prevent fraudulent activities.Join Tony Ventura - Regional Manager Asia for Confirmation as he shares insights on how organisations can limit their risk and take back more control. Tony will discuss why more stringent processes and operations are needed to be established and the critical role technology plays in ensuring the integrity of the audit process. In this session, the following key topics will be discussed: How the audit industry is in transition Key benefits of digitisation helping overcome the drawbacks of traditional processesIndustry benchmarks and standards to adhere toThe importance of taking control – the auditor’s role The future of digital – for the audit industry
Given the value digitisation creates for both the organisation and the broader financial industry, regulators have encouraged digital adoption to improve the quality of external audits. History suggests that in times of economic uncertainty, financial fraud will surge. It escalated during the 1991 and 2008 recessions. And more recently, in 2020 alone, the world economy lost US$42bn in financial fraud. The alarming scale of fraud has highlighted the urgent need for more robust processes and technologies to detect and prevent fraudulent activities.Join Tony Ventura - Regional Manager Asia for Confirmation as he shares insights on how organisations can limit their risk and take back more control. Tony will discuss why more stringent processes and operations are needed to be established and the critical role technology plays in ensuring the integrity of the audit process. In this session, the following key topics will be discussed:
Start TimeEnd TimeRemarks 2.45pm3.00pmPlease log in at least 15 minutes before the session 3.00pm3.45pmTitle: Technology, quality processes and the auditor’s roleSpeaker: Tony Ventura, Regional Manager, Asia – Confirmation, part of Thomson Reuters3.45pm4.00pmQ&A4.00pmEnd of session Training MethodologySharing and NetworkingClosing Date for Registration3 days before programme or until full enrolment.
Training Methodology
Sharing and NetworkingClosing Date for Registration3 days before programme or until full enrolment.
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