Continuity of the Auditing Profession in the Context of Digitalization and Automation

Abstract

The rapid advancement of digitalization and automation is redefining the financial audit profession, profoundly influencing auditor practices and competencies. This paper aims to analyze the mechanisms by which the financial audit practice sustains its continuity and relevance amidst ongoing changes and transformations. Through a review of the specialized literature, this study identifies the main benefits and challenges generated by automation and digitalization to assess their impact on the relevance of the audit profession in the future. The main results emphasize that the continuity of the financial audit profession will depend on the ability of auditors to integrate emerging technologies strategically and ethically, ensuring a balance between human expertise and automation capabilities. This research contributes to a deeper understanding of the impact of automation and digitalization on financial audits, providing practitioners with relevant insights and guiding future research directions. At the same time, the results obtained support the maintenance and strengthening of high professional standards in the context of technological transformations.

Keywords

• financial audit
• digitalization
• automation
• audit profession