More data was produced in 2017 than in the previous 5 000 years of humanity.
New and disruptive technologies are emerging at a rapid pace. Blockchain, the cloud, robotic process automation (RPA), digital labour, machine learning, deep learning, quantum computing, natural language processing (NLP) − all of these have huge potential to change how business operates. In all likelihood, the pace of development will be faster than anyone can imagine.
These technologies will have implications for an audit in the future. The impact they will have − and are already having − can hardly be overstated.