Watch on Demand: Why Open Banking matters for Auditors
It was great to be involved with such a strong panel discussing why Open Banking matters to accountants and auditors.
For any auditors out there that missed it, here are my key takeaways for how audit will be impacted by Open Banking, or watch on demand below. I start talking about the impact on audit around minute 33.
Open banking provides easy access to real-time client data.
What matters, is what auditors do with that data.
Open banking will speed up the move from sampling to 100% population testing using data analytics.