The next generation audit:

Transforming the future of assurance

Transforming the future of assurance
  • Publication
  • February 21, 2025

The audit profession is undergoing a significant transformation. With the rapid advancement of technology, traditional methods are being redefined. The next generation audit embraces these changes, focusing on innovation, efficiency and enhanced value.


What is the next generation audit?


The next generation audit leverages modern tools to provide deeper insights. It combines artificial intelligence (AI), data analytics and automation to revolutionise how audits are conducted.

These technologies improve accuracy, reduce manual tasks and allow auditors to focus on more strategic areas using a risk based approach.

Modern data acquisition methods are also playing a critical role. By integrating with various data sources, auditors can gather comprehensive and up-to-date information. This capability further enhances the depth and reliability of audits.

Gone are the days of sampling a small portion of data. With advanced analytics, auditors can now review entire datasets. This approach uncovers trends and anomalies that were previously hidden, leading to more reliable conclusions.

For auditors seeking to embrace the future of accounting, NGA offers a compelling vision of what's possible when human expertise and technology converge to drive transformative change.

Why is it important?

Businesses are operating in increasingly complex environments. The demand for transparency, speed, and accuracy has never been higher. The PwC next generation audit meets these demands.

It also helps organizations navigate risks more effectively. With real-time monitoring and predictive analytics, companies can address issues before they escalate. This proactive approach builds our trust with stakeholders and regulators.

Moreover, the next generation audit aligns with environmental, social and governance (ESG) reporting. It enables companies to showcase their commitment to sustainable practices through accurate and timely reporting.

Next generation audit

How can we help?

At PwC, our team combines technical expertise with cutting-edge technology to deliver exceptional results.

Customised solution

Customised solutions

We tailor our audit approach to meet your specific needs, with the added value that technology brings to the equation.

Advanced tools

Advanced tools

Using the latest analytics and AI, we ensure accuracy, efficiency and a defined risk based approach.

Actionable insights

Actionable insights

Beyond compliance, we help you unlock new opportunities for automation and control recommendations.

Embrace the future

The PwC next generation audit is not just a trend. It’s a necessity for businesses looking to thrive in today’s dynamic world. By embracing innovation and technology, organisations can turn the traditional audit into an opportunity to take their business to the next level.

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Contact us

Stephen Mamo

Stephen Mamo

Assurance Partner, PwC Malta

Tel: +356 2564 7194

Gustavo Menezes

Gustavo Menezes

Manager, Assurance, PwC Malta

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