Have you ever wondered how cutting-edge technologies are reshaping traditional industries? In this episode, we welcome Marc Jeschonneck, EY's Global Assurance Digital Leader, and Paul Goodhew, EY's Global Assurance Innovation and Emerging Technology Leader. Together, they provide a fascinating glimpse into how auditing—a field with over a century of history—is evolving in the age of AI, blockchain, and cloud computing.

We explore the challenges auditors face in an era of increasing regulatory complexity and massive datasets. Marc and Paul reveal how EY's $1 billion investment in assurance technology is empowering auditors to deliver higher-quality insights with unprecedented efficiency. From leveraging AI for document intelligence and anomaly detection to employing blockchain analyzers for digital asset verification, the duo illustrates how innovation is driving productivity and precision in the profession.

However,  it’s not all about the technology. Marc and Paul emphasize the importance of fostering a culture of continuous learning and collaboration to ensure auditors can effectively harness these advancements. They share insights into EY's microlearning initiatives, federated development approach, and the role of intuitive design in creating seamless user experiences.

We also discuss the future of the industry, touching on emerging trends such as AI agents, quantum computing, and the potential of smart contracts to redefine auditing standards. Whether you're intrigued by how technology is enhancing client satisfaction or curious about how organizations are navigating the rapid pace of innovation, this episode has something for everyone.

What technologies do you think will have the greatest impact on the audit profession in the coming years? Let us know your thoughts! Tune in to gain a deeper understanding of the intersection between technology and assurance, and share your perspective after the episode.