Auditors help small businesses ensure they are in compliance with employment and tax laws. Many auditors provide paperless audits, in which the auditor accesses electronic records and issues its final ...

Companies can use financial audit software to determine whether there are significant misstatements in their financial accounts. An audit is a legal obligation for businesses to stay out of fraud.

Technology has wrought many a change in your average accounting firm — completely revamping tax prep and bookkeeping — but it has had much less impact on the audit function over the past two decades.