Impact of auditing on modern business

Abstract

This research paper seeks to explain how auditing has evolved from a simple accounting review to a strategic tool that ensures the reliability of financial information, detects errors and fraud, and improves internal processes. It is divided into different types, such as financial, internal, external, operational, and systems, each with specific objectives. It also points out that in a constantly changing environment, with regulations and technological advances, auditing must adapt and incorporate innovations such as data analytics, artificial intelligence, RPA, and blockchain, making it a dynamic process that requires innovation and alignment with business strategies to add value, optimize resources, and strengthen internal control. However, challenges in its implementation are also recognized, such as organizational resistance, costs, and technological barriers. However, ultimately, in an increasingly digital and regulated context, auditing is positioned as a key function for the sustainability and long-term success of companies.