When finance leaders go shopping for audit solutions, their preference for firms leaning into artificial intelligence and other advanced technologies is growing, right along with their trust.
Nearly all (97%) of leaders said they are willing to pay more to partner with audit firms that leverage advanced technologies, according to BDO’s Audit Innovation Survey.
The survey canvassed 210 senior finance leaders — predominantly CFOs and finance directors at public and private U.S. companies — and found that 81% have greater trust in audit firms that invest in and actively use advanced technology, an 18-percentage-point increase from the first survey a year ago. See more findings.