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2018

internal audit purpose
AI and technology

Our year in stories: 2018

We’re grateful to be a part of the world’s journey towards AI. Far more than an academic abstraction, 2018 was a leap forward in the practicalities of AI and machine learning across many different applications, with our own vision for the transformation of audit and financial analysis gaining momentum across the globe. Here are some

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auditing sample
AI and technology

Why we signed the Montreal Declaration for a Responsible Development of Artificial Intelligence

With artificial intelligence (AI) influencing every aspect of our lives, and its continued growth in research and commercialization opportunities, the question isn’t whether we should develop it responsibly, it’s a question of how.Last year, over 400 participants came together at the Forum on the Socially Responsible Development of Artificial Intelligence to discuss themes of cybersecurity,

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internal auditing
AI and technology

Our approach to human-centric artificial intelligence

Where is the AI? Artificial intelligence (AI) is all around us, it powers the helpful voice on my phone and it’s in the digital assistant on my kitchen counter. Actually, I have to admit liking to say “Alexa turn on Christmas” to turn my Christmas lights on and off. It’s just a simple end-point computer,

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internal audit sampling
AI and technology

Ethical AI goes beyond legal AI

The recent case of the Statistics Canada project to use personal financial data from banks to study the spending habits of Canadians provides a very clear lesson in the ethics of AI. In this case, Statistics Canada has clear legal authority to request and use this data and it’s very likely that the proposed project conforms with

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big data analytics in auditing
AI and technology

How accountancy can thrive in the age of AI

The world is changing at a faster pace than ever, leading chief economist at the Bank of England, Andy Haldane, to state that the disruption caused by the ongoing fourth industrial revolution would be “on a much greater scale” than that experienced during the Victorian industrial revolution. Technology is evolving and infiltrating different industries each

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audit analytics examples
AI and technology

Answering questions about Ai Auditor

As practical applications of artificial intelligence (AI) are new to the finance space, especially with regards to audit, it’s no surprise that the same questions come up across our expert-led webinars. To help you understand how AI is applied to audit, we’ve collected the most common questions and answers here, as provided by our V.P.

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audit and auditor
Audit

Changing the World with Small Teams

I have had an email signature for many years which has a cheesy quote at the end. It reads “never doubt that a small group of thoughtful committed people can change the world.” The actual quote is longer than this, it is attributed to Margaret Mead who was an anthropologist, the full version is “Never

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ai audit software
Audit

Interview with Ryan Teeter, University of Pittsburgh

What is your position and what do you teach at your University? I am Ryan Teeter, I teach Accounting Information Systems in particular, as well as Auditing and Data Analytic at the University of Pittsburg. I am a Clinical Assistance Professor, that just means I am teaching a lot of courses and I am always

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internal auditing software
AI and technology

CPA Firm Taps MindBridge Ai’s technology in Audit as a Competitive Advantage

An interview with Lisa Zimeskal, CPA, Partner, Hoffman & Brobst, PLLP According to a survey from the International Federation of Accountants (IFAC), smaller accounting firms are facing significant challenges. Attracting new clients, keeping up with new regulations and standards, and cost pressures versus competitors, were among the top concerns of these firms. To combat these challenges, Hoffman &

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audit function
Audit

Coffee With a Professional in Accounting: Taryn Abate

An interview with Taryn Abate, Director, Audit & Assurance — Research, Guidance and Support, Chartered Professional Accountants of Canada I recently met with Taryn Abate, Director, Audit & Assurance – Research, Guidance and Support at Chartered Professional Accountants of Canada (CPA Canada) at the Digital CPA conference. This conference is hosted by CPA.com and the

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internal financial audit
Audit

How Gilbert Associates is Leveraging AI to Provide More Value to their Audit Clients

Recent advancements in Artificial Intelligence (AI) and machine learning are ushering in a new era of possibility for the audit function globally. By touching all transactions in a data set, audit firms around the world are using this cutting-edge technology to drive tremendous efficiency and effectiveness gains. Gilbert Associates Inc. recently adopted MindBridge Ai Auditor™,

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