Accounting

Audit and Financial Reporting: New Skills, New Challenges: Part 3

In part three of our series, the Financial Education & Research Foundation conducted an interview with Scott Szalony, audit & assurance partner with Deloitte & Touche LLP, regarding industry efforts to transform the financial reporting and audit process through new technologies.   “[Many] companies have historically looked at service center models or potentially offshoring [resources] from a cost perspective, [however], with the automation of some of these processes and routine tasks, [perhaps] that model doesn’t continue to hold true.” This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte shall not be responsible for any loss sustained by any person who relies on this publication About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.  

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