EY has unveiled a major update to its Assurance technology platform, marking the third year of its US$1 billion, four-year investment initiative launched in 2022. This development includes over 30 new and enhanced tools designed to assist more than 160,000 audit engagements globally. Key features include EYQ Assurance
Further additions include AI-supported Intelligent Checklists, which help auditors respond to disclosure requirements, and updates to Financial Statement Tie Out, improving the handling of changes between versions of financial statements. Paul Goodhew, EY Global Assurance Innovation & Emerging Technology Leader, stated, “This launch of new AI capabilities is the first of a series of generative and agentic AI technologies which build on the strong foundations established by integrated and transformative technology. This supports the EY organization’s ambition to become the world's most trusted AI-powered assurance provider.”
