The report indicates a significant divide among auditors regarding the benefits and drawbacks of remote work, with 64% believing work-life balance enhances audit quality.
While improvements in work-life balance are noted as beneficial, nearly a third of executives feel that the shift to remote work has harmed quality control and assimilation.
The loss of traditional in-person mentoring opportunities has led to concerns that firms are neglecting the 'apprenticeship culture' that was vital for employee development.
Some respondents noted that this delayed development was affecting productivity and making it challenging to adhere to deadlines and expectations within auditing practices.
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