
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
-
First Afcon, now World Cup – Senegal trapped in ‘football hell’
5 hours -
Glasner poised for Forest job as Pereira exits
5 hours -
UEFA will not use red cards for players who cover mouth
5 hours -
‘You cried for DDEP victims; where are your tears for flood victims?’ – Akosua Manu to Nana Yaa Jantuah
5 hours -
Akosua Manu says government’s first duty is to protect lives amid flood disaster, not ‘settings’
5 hours -
Former Arsenal midfielder Cazorla retires at 41
5 hours -
The World Cup’s free agents looking for their next move
6 hours -
‘We want to win World Cup for him’ – Portugal carry Diogo Jota’s memory
6 hours -
Spain beat Austria for first World Cup knockout win since 2010
6 hours -
World Cup boom falters as US hospitality jobs fall in June
6 hours -
GH¢34.5bn paid out in cocoa purchases as COCOBOD injects more cash
6 hours -
COCOBOD releases GH¢2.6m to LBCs to settle cocoa farmers
6 hours -
‘I spent $6,000 on a World Cup trip but was left stranded at the gate’
6 hours -
Google must pay €4.1bn fine for using Android to ‘block’ rivals
6 hours -
Singapore seizes $42m mansion over Nvidia chip smuggling
6 hours