Sample sizes remain small across audit firms, raising concerns as to whether these samples are representative of the entire population of transactions. The FRC is increasingly encouraging the use of technology to improve audit quality, including data analytics, to look at the entire set of transactions across areas such as revenue.

So what does this mean for the future of testing in audit? How will tools like the new Circit product Verified Analytics make their mark?

Read more in the latest article on the Circit blog here.