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June 2020

Improving audit risk assessment longterm
AI and technology

Improving audit risk assessments with AI-driven analysis of Accounts Receivable and Accounts Payable subledger data

The cornerstone of well-planned and high-quality audit engagements is a robust risk assessment process. Such a process is critical to identifying risks of material misstatement and their relative significance by providing a fulsome understanding of the entity subject to audit and the environment in which it operates. The nature and extent of these audit risk

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a complex amount of data put into a pattern
AI and technology

Audit in the age of COVID-19: A guide

In today’s world of COVID-19, accounting firms can be pressed by clients for short-term basic deliverables. There are still expectations for getting audits completed as pragmatically as possible per the standards along with the new norm of engaging clients virtually and securely. I believe this challenge presents an opportunity for firms to re-position themselves for

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