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Digital transformation
Digital transformation
New KPMG and Forbes Insights Survey
New KPMG and Forbes Insights survey Digital transformation: how advanced technologies are impacting financial reporting and auditing
KPMG and Forbes Insights recently conducted a survey of CEOs, CFOs, and other financial executives regarding how digital transformation is impacting financial reporting and auditing. This report focuses on how the explosion of data and unprecedented advances in computer processing power have dramatically increased the capacity to support decision making across operations.
The Digital transformation survey includes findings on how advanced technologies are impacting financial reporting and external audit, and how organizations are planning on leveraging “must-have” advanced technologies in the future.
Digital transformation key findings
- 99 percent of respondents believe that advanced technology can enhance the external audit
- 89 percent of respondents are using the cloud for financial reporting
- 81 percent of executives believe they could be using more advanced technologies to make more informed decisions
- 26 percent of respondents said advanced technologies are a “must have” in the next one to two years
