Hire more people, or do less work: that's the choice audit firms think they're forced to make when it comes to staff capacity. As AI takes on more of the busy work, from sample testing to basic substantive procedures, engagement teams have been able to improve their bandwidth. For audit partners and practice leaders rethinking how capacity gets utilized, this session looks at where that additional time gets reallocated.
Nathan Hartgraves, CPA, Managing Partner at Sanville & Co, joins Dhruv Dhingra, VP of Product at Fieldguide, to talk through what that shift looked like at his firm. Since moving Sanville's audit practice onto Fieldguide, sample testing that used to take hours now takes minutes, and the firm has passed PCAOB quality inspections with flying colors.
You'll learn:
- Identify the audit tasks, such as sample testing and substantive procedures, that AI agents can execute end-to-end within an engagement.
- How firms are reallocating practitioner time freed up by AI-executed testing toward review and more complex areas of an audit.
- How managers and partners are using recovered capacity to develop their team, deepen client relationships, and expand into higher-value advisory work.