E8: Will automation make auditors lazy?

Let’s talk about whether or not automation will make people lazy.   A recent report from the Public Company Accounting Oversight Board (PCAOB) included concerns about automation making auditors lazy.  Is it true? Well, first let’s talk about what’s being automated and how that’s expected to impact the work auditors perform and the value they…

Does automation make people lazy?

A recent report has issued caution to accounting firms that perform audit services regarding automation.  The fear?  That automation might make auditors lazy. Is this true? Well first, let’s think about what’s being automated. Is it the…most engaging and enjoyable aspects of an accountants job?  (solving problems and delivering value) OR boring, tedious and time…