Audio By Carbonatix
The Country Managing Partner of Deloitte Ghana, Daniel Kwadwo Owusu, has urged auditors to embrace technology since their roles are evolving, with the advent of Artificial Intelligence, Cloud Computing, amongst others.
According to him, audit and accounting professionals should acquire new skill sets such as data analytics and visualization and the understanding of AI model and testing to stand the test of time in this competitive era.
Speaking on the topic “The Future of Auditing: Emerging Trends and Technologies” at the 2025 Institute of Chartered Accountant, Ghana Annual Conference in Takoradi in the Western region, Mr. Owusu also called for strong ethical judgment by auditors and accountants in using automated tools.
“Embrace innovation, adapt to changes, meet timelines and execute quality audit, and also add higher value through insights”, Mr. Owusu urged the audit and accounting professionals present.
The emerging trend and technologies in audit and accounting has reduced the need for third party verification, amongst others.
“Today, accounting has moved to cloud-based, web-based, virtual archiving, automatic archiving, real-time, AI-assisted file review from Paper-based, big servers, manual archiving, rule pad, calculator and different color pens”, he mentioned.
The Deloitte Country Manager said the future of auditing and accounting is the ability of audit platforms to directly interact with systems.
He added that the evolution of technology has increased audit quality, reduced human time spent on repetitive tasks and provided real-time assurance that is faster identification of issues for timely responses.
However, there are teething challenges such as regulatory uncertainty and data security.
The 2025 Accountants’ Conference featured discussions on various topical issues including the role of professional accountants in the use of AI for efficient work performance.
Latest Stories
-
12 in critical condition in accident involving 3 cars at Gomoa Amenfi
2 hours -
Fake soldier remanded over GH¢192,000 fraud
2 hours -
NPP: It’s completely premature to be jostling for running mate at this time – Abu Jinapor
2 hours -
Lands Minister inspects 320 reclaimed hectares at Manso Nyankomanse, pledges 2026 land drive
2 hours -
Bawumia has strong control over NPP after primaries victory – Abu Jinapor
2 hours -
Ejisu MP vows to unite constituency behind NPP flagbearer for 2028 victory
3 hours -
King Tackie Tawiah deserves airport naming – Ga Mantse’s protocol chief
3 hours -
ECG reaffirms cash waterfall commitment as AKSA nears 205MW Anwomaso plant completion
4 hours -
KIA renaming should be done in consultation with Regional House of Chiefs – Gov’t urged
4 hours -
We need a single African currency to enable seamless trade – Pearl Nkrumah
4 hours -
Prisons Council engages Interior Minister on service development and operational challenges
4 hours -
Local gold refining takes off as GoldBod, Gold Coast Refinery roll out new partnership
4 hours -
Ghana’s presidency regains prestige under Mahama – Okudzeto Ablakwa
4 hours -
Gunmen reportedly kill dozens in Nigeria as US military deployment confirmed
5 hours -
Man sentenced to life in prison for 2024 attempt on Trump’s life
5 hours
