A Look Inside PwC’s Digital Audit Evolution

The financial audit of the future might be cheaper, simpler and require less time for public companies.

New technologies could affect the millions of dollars in fees that public companies pay their auditors along with the staff and resources that companies devote to the audit, said Maria Moats, U.S. audit and assurance leader for PwC, who spoke with reporters at the firm’s New York office.

Public companies want to know about the evolving audit technologies and techniques and how they will help them. And the firms are responding.

“We believe it’s important that we talk to our clients about ...