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November 2017

manage audit
Audit

How a small public accounting firm plans to use Artificial Intelligence (AI) to power audit assurance and risk analysis

Compared to humans, new technologies like Artificial Intelligence (AI) are ideal for automating mundane tasks related to auditing. AI can also verify every transaction and codify human knowledge, enabling auditors to review, analyze and audit more effectively. As big firms adopt AI in their auditing processes, smaller firms are also realizing the value and becoming

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business auditor
AI and technology

The Impact of Artificial Intelligence and Machine Learning on Financial Services and the Wider Economy

Recently I was invited to participate as a speaker in the Official Monetary and Financial Institutions Forum (OMFIF) podcast focusing on Artificial Intelligence (AI) and machine learning. OMFIF is an independent think tank for central banking, economic policy, and public investment – a non-lobbying network for best practice in worldwide public-private sector exchanges. This podcast aimed to

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auditing services
Leadership

Congratulations, you have been entrusted to be the CEO… Now what?

Becoming a CEO is like becoming a new parent, there is no true user manual to guide you through the unique challenges you will face along the way. You can read a multitude of books about “how to” raise a child, however, there will inevitably be unexpected curve balls beyond what you already know and

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assurance audits
Audit

Elevating Reasonable Assurance with the MindBridge Ai Auditor™

With the audit season fast upon us, a person stops to think about ‘reasonable assurance’. Audit standards such as AU-C 240, CAS 240 and ISA 240 stipulate that “…an auditor has a responsibility to plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether caused by error or fraud.” ‘Reasonable

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