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Upgraded auditing amid tech-driven change - BusinessWorld Online

Summary by bworldonline.com
By Mhicole A. Moral, Special Features and Content Writer Decades ago, auditing relied heavily on manual processes, paper trails, and physical records. While effective at the time, this approach was time-consuming and prone to human error. Auditing standards were also less rigorous than they are today, with financial scandals often exposing weaknesses in oversight. According to Ramil L. Nanola, P&A Grant Thornton’s Audit and Assurance Practice Le…
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Upgraded auditing amid tech-driven change - BusinessWorld Online

By Mhicole A. Moral, Special Features and Content Writer Decades ago, auditing relied heavily on manual processes, paper trails, and physical records. While effective at the time, this approach was time-consuming and prone to human error. Auditing standards were also less rigorous than they are today, with financial scandals often exposing weaknesses in oversight. According to Ramil L. Nanola, P&A Grant Thornton’s Audit and Assurance Practice Le…

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bworldonline.com broke the news in on Thursday, March 27, 2025.
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