How Robotic Process Automation Is Transforming Accounting and Auditing - The CPA Journal

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Technology continues to change society at a rapid pace, and accounting and auditing are by no means immune. New technologies are increasingly able to mimic human activity, taking on repetitive tasks more quickly and accurately than people can. The authors provide an overview of the ways in which robotic process automation may change how the profession operates, with a particular focus on the area of revenue audits. Auditing has historically incorporated many computer-dependent tools and processes, which were often interlinked by many manual steps and keystrokes. A new set of overlay software has emerged, however, that combines these disparate actions into a single smooth automated process.