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A guide to the Audit Common Data Model

Enabling continuous, always-on audit

The recent criticism of the audit profession has shone a light on the need to change. It's fair to say that audit services have evolved over the years, however, technology is evolving faster resulting in a lag behind for the audit profession.

Auditors are exploring and implementing digital innovation to drive efficiency and automate key processes. However, many audit firms have taken into account that while the medium may have changed through the adoption of technology, nothing about the audit process itself has altered with it.  And to compound this issue, many auditors are not getting to grips with technology that ensures more accurate audit results, faster, less exhaustive ways of accessing client data and understanding their client and their business. 

Regulatory factors are also driving change in the audit profession, calling for improved quality of services and increased competition. It's time for a change. 

Engine B's new  guide explores the current challenges facing the audit sector and delves into our Audit Common Data Model and how it works with our Knowledge Graphs to deliver always-on audit. Download the guide to discover:
  • Current industry challenges
  • What is a Common Data Model?
  • The value of an Audit Common Data Model
  • What makes a successful Audit Common Data Model?
  • How does the Audit Common Data Model and Knowledge Graphs work together?
  • Support resources.

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