his past year has taught us the importance of agility and resiliency. And knowledge is power when it comes to building both. With more challenges surely on the horizon, having the right information at their fingertips will enable private company leaders to more quickly identify risks, devise strategies to overcome them, and take advantage of emerging opportunities. Culling this information in real time through a data-driven audit empowers decision-makers to address the now and prep for the future.
Private businesses across the globe started leveraging technology prior to the pandemic to fend off disruptors and cause some disruption of their own. The crisis, however, shifted those digital transformation plans into high gear. Organizations that are already embracing digital should go one step further to implement an audit that is driven by the data and analytics available from these new technologies. Why? Because a data-driven audit is more resilient, providing a multitude of attributes that help private company executives build resilience across the enterprise.
Learn more about EY’s data-driven audit experience.
