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Tech Firms Gathering More Audit Data for Large Companies

Feb. 11, 2019, 8:09 PM

Bigger companies in the U.S. and U.K. are starting to delegate the data gathering part of the audit process to technology companies rather than accounting firms, according to a new report.

A third of large companies are already reapportioning their audit processes, with another 44 percent thinking of doing so, according to a report published Feb. 11 by consulting firm Source Global Research.

Forty-five percent of the companies said that this would mean more parts of the audit going to technology firms.

“Medium-sized companies are looking into this,” Source Global...

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