Coffee Break PD

This four-part podcast series, based on "Making Auditing Standards Fit-for-Purpose in a High-Tech World" by Gregory Shields, CPA, and produced in collaboration with ThinkTWENTY20, examines the urgent need to modernize international auditing standards in response to rapid technological change. Shields critiques the slow pace of standard-setting and advocates for the integration of automated audit procedures—such as data analytics—into core auditing practices. Through detailed analysis of historical delays, stakeholder resistance, and communication gaps, the series emphasizes the necessity of revising standards to reflect the current realities of data-driven audits. It offers forward-thinking insights into how the auditing profession must evolve to remain relevant, effective, and trusted in an increasingly digital world.