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Deloitte: Investors, Audit committees look to audit profession to address evolving demands of capital markets

In late 2014, Deloitte’s Audit of the Future survey polled 250 financial statement users, audit committee members and financial statement preparers.


Audit of the Future

Deloitte's latest survey results

Audits play a fundamental role in the capital market system, and Deloitte’s latest survey of more than 250 financial statement preparers, audit committee members and financial statement users reveals a shared sense that the traditional audit needs to evolve. How should the audit profession begin to address these evolving demands? See the latest survey results below to get a glimpse of the current—and future—states of the audit.

Audit of the Future infographic

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Deloitte is committed to leading the profession in transforming the current state of the audit.

We are investing hundreds of millions of dollars in audit innovation—leveraging technology, artificial intelligence and big data analytics—to lead the audit and the profession into the future.

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In the news

Deloitte prepares firm for 'Audit of the Future'
Accounting Today | July 10, 2015
Deloitte & Touche chairman and CEO Joe Ucuzoglu, who leads Deloitte’s audit practice, is preparing the firm for the audit demands of the future, with the help of sophisticated technology.

Deloitte survey shows audit stakeholders want more from audit
Compliance Week | July 8, 2015
A brief survey by Deloitte shows those who rely on the firm’s audit work are looking for more out of auditors.

Future audits must do more: survey | July 8, 2015
"The audit profession as a whole will be looked at to expand outside the domain of the historical financial statements," says Deloitte & Touche CEO.

Deloitte survey shows 'audits must evolve'
WSJ | July 8, 2015
Investors and others who produce and use financial statements think auditors should do more to help make their audits more useful, according to a new survey from accounting firm Deloitte LLP released Wednesday.

How artificial intelligence can boost audit quality | June 15, 2015
Using artificial intelligence, auditors may soon be able to provide clients with new ways to uncover risk hiding in plain sight in financial statements.

How and why the audit has to evolve–rapidly
FEI | March 26, 2015
New research confirms what many investors already believe: the traditional audit must evolve to meet the changing needs of today’s capital markets. Quickly.

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Deloitte Audit

Deloitte Audit professionals provide independent financial statement and internal control audits, in accordance with the latest professional standards and with a focus on quality.

Joseph B. Ucuzoglu

Chairman & CEO | Deloitte & Touche LLP


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