Audit firms rewire to meet bot book-keepers, data deluge
New Delhi, Sept. 2 -- With over 600 companies changing auditors by financial year 2029, the country's largest audit firms are beefing up their teams with data scientists, artificial intelligence (AI)/cyber experts and fraud specialists. They are nudged by the demand from businesses that have become increasingly digital, automated and data-heavy, with their boards looking beyond the traditional audit bench.
So, this wider mix of skills in the team could now decide who gets the mandate.
India's top audit firms-Deloitte Haskins & Sells, S.R. Batliboi & Co. (the audit network firm for EY Global) , Price Waterhouse LLP, BSR & Co (assurance firm of KPMG), MSKA & Associates LLP (a member firm of BDO International) have stacked such specialists...
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