Next Generation Audit

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We’re leveraging an AI-first technology strategy, which equips our auditors with the latest technologies and digital capabilities to deliver an elevated audit experience, supercharged by AI, that meets your fast-changing needs.</p> <p>Emerging and cognitive technologies like AI agents have the potential to enable our auditors to deliver an audit experience not possible before. With the power to transform and analyse data, apply predictive analytics, and automate both simple and complex processes based on instructions from our auditors, these technologies are designed to enable faster anomaly detection, earlier risk identification, deeper benchmarking, easier global collaboration, digital quality checks, and more. The result? A quality audit that helps you build trust to protect what matters most to you and your stakeholders.</p> </div> <script src="/etc.clientlibs/pwc/components/modernized/content/richtext/clientlibs-button.min.05014ed24e6422289f02e026aef427f0.js"></script> </div> </div> </div> <div class="parsys_column pwccol2-longform-c1"> <div id="container-db02a642c1" class="cmp-container"> <div class="videoplayer-v2"> <script src="/etc.clientlibs/pwc/components/modernized/content/videoplayer-v2/video-player.min.c8c19f9e3c66940d458b920ffe3069a6.js"></script> <div id="videojsContainer-119009100" tabindex="0" role="button" class="videoplayerv2 single-video colors-light-grey asset-sharing-component video-asset" style="width:px;"> <video id="videojs-119009100" class="video-js single-player cmp-mod__videoplayerv2" style="min-height:auto;height:px;width:px;" data-caption-src="" data-video-image="/content/dam/pwc/gx/en/audit-services/assets/nextgen-audit-vid/jcr:content/renditions/original/jcr:content" data-video-url="https://www.youtube.com/watch?v=PYwUiyweOgk" data-video-title="Here to listen: PwC's Next Generation Audit" data-video-type="youtube" data-video-description="From the beginning, great auditing has always been about great listening. Learn more about PwC's Next Generation Audit journey, which is anchored in listening and building trust." data-modal-videotranscriptlabel="view Transcript" data-modal-id="videojsContainer-119009100" playsinline controls data-poster> </video> <noindex> <div class="jw-video-error"> <p class="h3">Playback of this video is not currently available</p> </div> </noindex> <div class="video-collection-duration"> <span class="duration-text">2:06</span> </div> </div> <div class="videoplayerv2 colors-light-grey video-asset-details"> <p> <time class="video-publish-date hidden" datetime="">19/02/24</time> </p> <h4 class="video-heading video-title ">Here to listen: PwC's Next Generation Audit</h4> <p class="video-paragraph video-text hidden">From the beginning, great auditing has always been about great listening. 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We hear loud and clear: greater transparency and trust is needed. PwC’s 2024 Trust Survey found that 93% of business executives agree that building and maintaining trust improves the bottom line. Our evolving approach to audit, leveraging an AI-first technology strategy, will allow us to adapt with this need, powering greater insight and transparency as you look to build trust to protect what matters to your business and your stakeholders.</p> </p> </div> </div> </div> </div> </div> <div role="tabpanel" tabindex="0" data-cmp-hook-tabs="tabpanel" class="secnav-tabs__content" id="tab_3-1-root_container_content-free-container-1_section-1739860661_secondarynavigation-"> <div class="secnav-tabs__content-container"> <div class="secnav-tabs__tab-title-print" style="display: none;">Enhanced confidence, greater peace of mind</div> <div class="row"> <div class="col-sm-4"> <img src="/gx/en/brand-simplified/teaser-images-670/real-estate/damil-gettyimages-574700125-670.jpg" alt="" class="secnav-tabs__content-image img-responsive"/> </div> <div class="col-sm-8"> <div class="secnav-tabs__content-copy text-component"> <p><p>Rooted in PwC’s rigorous risk and governance standards, our human-led, tech-powered approach combines expertise, extensive industry knowledge, technology, and attentive listening to foster more impactful conversations between our teams and clients, grounded in data. Deeper data-driven process intelligence and the latest AI technologies allow us to comprehend the data like never before and better understand its insights as we execute our audit - enhancing audit quality and providing you with peace of mind. We empower you with a big-picture perspective, making today's complex audits more manageable, productive, and impactful.</p> </p> </div> </div> </div> </div> </div> <div role="tabpanel" tabindex="0" data-cmp-hook-tabs="tabpanel" class="secnav-tabs__content" id="tab_3-2-root_container_content-free-container-1_section-1739860661_secondarynavigation-"> <div class="secnav-tabs__content-container"> <div class="secnav-tabs__tab-title-print" style="display: none;">Simplifying the audit</div> <div class="row"> <div class="col-sm-4"> <img src="/gx/en/audit-services/assets/gettyimages-696855922.jpg" alt="" class="secnav-tabs__content-image img-responsive"/> </div> <div class="col-sm-8"> <div class="secnav-tabs__content-copy text-component"> <p><p>With transparent and effortless data integration, tailored to fit your organisation's digital capabilities, we reduce the overall audit burden by streamlining, standardising, and automating processes, allowing continued focus on areas of higher risk. Our goal is to provide you with a quality audit that helps you build trust to protect your business. </p> </p> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </section> </div> <div class="section container responsivegrid"> <section id="content-free-1-9fe2" class="cmp-container page-section page-section--col-white videobghost " data-wcmmode="false" data-parallax="true" data-videoParallax="false" data-videoId="videoelement66c7d1ab-89ed-e5d5-042d-472613bc8166" data-videoAutoplay="false" data-videoLoop="false" style="height:; background-size:cover; background-position:center top; background-image:; background-color:; "> <div class="parsys sectionpar"> <div class="quote bg-white"> <div class="quote-card"> <p class="h3">PwC is recognised for innovation in audit at the International Accounting Forum & Awards.</p> </div> </div> <div class="columnControl"> <div class="parsys_column pwccol3-longform "> <div class="parsys_column pwccol3-longform-c0"> <div id="container-9f9a2c04b2" class="cmp-container"> <div class="image img-alignment-center"> <div class="asset-sharing-component image-asset "> <img class="js-lazy-loading mod__image_p image-component_background " data-image="/gx/en/services/audit-assurance/assets/next-gen-audit1.png" alt="" width="70%" height="100.0%" data-emptytext="Image" style="height:auto; padding-top:100.0%; max-height:100px;"/> </div> </div> </div> </div> <div class="parsys_column pwccol3-longform-c1"> <div id="container-51bed0cefa" class="cmp-container"> <div class="image img-alignment-center"> <div class="asset-sharing-component image-asset "> <img class="js-lazy-loading mod__image_p image-component_background " data-image="/gx/en/services/audit-assurance/assets/ai-innovation-of-the-year-finalist-badge.png" alt="" width="70%" height="100.0%" data-emptytext="Image" style="height:auto; padding-top:100.0%; max-height:100px;"/> </div> </div> </div> </div> <div class="parsys_column pwccol3-longform-c2"> <div id="container-d96effa58e" class="cmp-container"> <div class="image img-alignment-center"> <div class="asset-sharing-component image-asset "> <img class="js-lazy-loading mod__image_p image-component_background " data-image="/gx/en/services/audit-assurance/assets/digital-innovation-of-the-year-finalist-badge.png" alt="" width="70%" height="100.0%" data-emptytext="Image" style="height:auto; padding-top:100.0%; max-height:100px;"/> </div> </div> </div> </div> </div> </div> </div> </section> </div> <div class="section container responsivegrid"> <section id="content-free-1-b09f" class="cmp-container page-section page-section--col-light-grey videobghost " data-wcmmode="false" data-parallax="true" data-videoParallax="false" data-videoId="videoelement77841067-6145-0cc4-5027-ba2d503f70da" data-videoAutoplay="false" data-videoLoop="false" style="height:; background-size:cover; background-position:center top; background-image:; background-color:; "> <div class="parsys sectionpar"> <div class="secondary-navigation section"> <div class="dpe-component-wrapper secnav-tabs secnav-tabs--with-heading "> <div class="container"> <div class="row"> <div class="col-xs-12 secnav-tabs__navigation-container"> <h2 class="secnav-tabs__heading">An elevated audit experience, supercharged by AI</h2> </div> </div> <div class="row delete-for-print"> <div class="col-xs-12 secnav-tabs__navigation-container"> <ul class="secnav-tabs__navigation"> <li class="active secnav-tabs__tab"> <a href="#tab_4-0-root_container_content-free-container-1_section-1929484811_secondarynavigation-" aria-controls="tab_4-0-root_container_content-free-container-1_section-1929484811_secondarynavigation-" role="tab" data-toggle="tab"> <span class="secnav-tabs__tab-title">Unparalleled global coordination & transparency</span> </a> </li> <li class=" secnav-tabs__tab"> <a href="#tab_4-1-root_container_content-free-container-1_section-1929484811_secondarynavigation-" aria-controls="tab_4-1-root_container_content-free-container-1_section-1929484811_secondarynavigation-" role="tab" data-toggle="tab"> <span class="secnav-tabs__tab-title">Seamless data extraction</span> </a> </li> <li class=" secnav-tabs__tab"> <a href="#tab_4-2-root_container_content-free-container-1_section-1929484811_secondarynavigation-" aria-controls="tab_4-2-root_container_content-free-container-1_section-1929484811_secondarynavigation-" role="tab" data-toggle="tab"> <span class="secnav-tabs__tab-title">Dynamic risk assessment</span> </a> </li> <li class=" secnav-tabs__tab"> <a href="#tab_4-3-root_container_content-free-container-1_section-1929484811_secondarynavigation-" aria-controls="tab_4-3-root_container_content-free-container-1_section-1929484811_secondarynavigation-" role="tab" data-toggle="tab"> <span class="secnav-tabs__tab-title">Better benchmarking, more analysis</span> </a> </li> </ul> <div class="secnav-tabs__tab-horizontal-line"></div> </div> </div> <div class="secnav-tabs__content-wrapper"> <div role="tabpanel" tabindex="0" data-cmp-hook-tabs="tabpanel" class="secnav-tabs__content active" id="tab_4-0-root_container_content-free-container-1_section-1929484811_secondarynavigation-"> <div class="secnav-tabs__content-container"> <div class="secnav-tabs__tab-title-print" style="display: none;">Unparalleled global coordination & transparency</div> <div class="row"> <div class="col-sm-4"> <img src="/gx/en/services/audit-assurance/assets/unparalleled-global-coordination-transparency.jpeg" alt="" class="secnav-tabs__content-image img-responsive"/> </div> <div class="col-sm-8"> <div class="secnav-tabs__content-copy text-component"> <p><p>PwC’s proprietary architecture brings a single, secure, and integrated connection, unlocking a new level of visibility and enhancing coordination across our global teams - all while respecting sovereignty, regulatory, and privacy safeguards.</p> </p> </div> </div> </div> </div> </div> <div role="tabpanel" tabindex="0" data-cmp-hook-tabs="tabpanel" class="secnav-tabs__content" id="tab_4-1-root_container_content-free-container-1_section-1929484811_secondarynavigation-"> <div class="secnav-tabs__content-container"> <div class="secnav-tabs__tab-title-print" style="display: none;">Seamless data extraction</div> <div class="row"> <div class="col-sm-4"> <img src="/gx/en/services/audit-assurance/assets/seamless-data-extraction.jpeg" alt="" class="secnav-tabs__content-image img-responsive"/> </div> <div class="col-sm-8"> <div class="secnav-tabs__content-copy text-component"> <p><p>Experience faster and easier data extraction and transformation with fewer requests of your team. Made possible by our AI-enabled data acquisition enhancements, these capabilities will also allow for more precise risk assessment through AI generated anomaly detection in full populations of data. </p> </p> </div> </div> </div> </div> </div> <div role="tabpanel" tabindex="0" data-cmp-hook-tabs="tabpanel" class="secnav-tabs__content" id="tab_4-2-root_container_content-free-container-1_section-1929484811_secondarynavigation-"> <div class="secnav-tabs__content-container"> <div class="secnav-tabs__tab-title-print" style="display: none;">Dynamic risk assessment</div> <div class="row"> <div class="col-sm-4"> <img src="/gx/en/services/audit-assurance/assets/dynamic-risk-assessment-graphic.jpeg" alt="" class="secnav-tabs__content-image img-responsive"/> </div> <div class="col-sm-8"> <div class="secnav-tabs__content-copy text-component"> <p><p>Our human-led, tech-powered and data fuelled approach to anomaly detection will form part of a powerful, dynamic, and data driven risk assessment that reacts in real time to your evolving risks, enhancing audit quality, communication, and identification and discussion of those areas most important to you.</p> </p> </div> </div> </div> </div> </div> <div role="tabpanel" tabindex="0" data-cmp-hook-tabs="tabpanel" class="secnav-tabs__content" id="tab_4-3-root_container_content-free-container-1_section-1929484811_secondarynavigation-"> <div class="secnav-tabs__content-container"> <div class="secnav-tabs__tab-title-print" style="display: none;">Better benchmarking, more analysis</div> <div class="row"> <div class="col-sm-4"> <img src="/gx/en/services/audit-assurance/assets/better-benchmarking-more-analysis.jpeg" alt="" class="secnav-tabs__content-image img-responsive"/> </div> <div class="col-sm-8"> <div class="secnav-tabs__content-copy text-component"> <p><p>With access to a data set of unmatched size and depth, our platform will enable us to listen to the data and perform comprehensive benchmarking and analysis of the factors that impact key aspects of your business, empowering your audit team to have richer, deeper, and earlier conversations with you in understanding important changes in your business and in our risk assessment.</p> </p> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </section> </div> <div class="section container responsivegrid"> <section id="content-free-1-7662" class="cmp-container page-section page-section--col-primary nomove videobghost " data-width="1600" data-height="900" data-image="/content/dam/pwc/gx/en/brand-simplified/hero-images-1600/technology/damil-gettyimages-931835060-1600.jpg" data-wcmmode="false" data-parallax="false" data-videoParallax="false" data-videoId="videoelement17c77f9f-8d3a-fbdb-ed2e-dcc7bdaa759c" data-videoAutoplay="false" data-videoLoop="false" style="height:; background-size:cover; background-position:center top; background-image:; background-color:; "> <div class="parsys sectionpar"> <div class="quote"> <div class="large-quote-component large-quote-component--photo-bg"> <div class="container"> <div class="large-quote-component__content"> <div class="large-quote-component__text-wrapper"> <div class="large-quote-component__text"> <blockquote> <p class="h1"><span class="large-quote-component__text-highlight">“AI has the power to completely transform the way we deliver audits, simultaneously enhancing our people’s skills and experiences, augmenting their judgements, and allowing for even greater focus on critical audit areas. We aim to provide even greater trust in the capital markets while delivering enhanced quality and value to our clients, as they look to build trust in a changing world.”</span></p> <footer><span class="h6"><span class="large-quote-component__text-highlight">Mark Flavell</span></span><cite title="Leader, Global Next Generation Audit, PwC US"><span class="large-quote-component__text-highlight">Leader, Global Next Generation Audit, PwC US</span></cite></footer> </blockquote> </div> </div> </div> </div> </div> </div> </div> </section> </div> <div class="section container responsivegrid"> <section id="content-free-1-40ee" class="cmp-container page-section page-section--col-white videobghost " data-wcmmode="false" data-parallax="true" data-videoParallax="false" data-videoId="videoelement7c2a4edb-1c5a-1b5a-ca73-bc6ff3aae155" data-videoAutoplay="false" data-videoLoop="false" style="height:; background-size:cover; background-position:center top; background-image:; background-color:; "> <div 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