Audit
4 ways anomaly detection can supercharge your audits
Anomaly detection is critical for making the most of audits. Here’s how to use anomaly detection to identify risks and get the best outcomes.
August 30, 2022
Audit
Audit
Explainable AI and audit: transparency & trust
MindBridge’s Chief Technology Officer, Robin Grosset, and VP of Analytics and Data Science, Rachel Kirkham, hosted a virtual webinar on “Explainable AI, transparency, and trust.” The main focus of this webinar was to explore how business and audit professionals can rely on AI-produced data analytics results to make better decisions.
August 11, 2022
Audit
How data-driven techniques can make a career in audit more rewarding
Some fear that AI will replace auditors and accountants. But with the adoption of AI growing, we are seeing an increased demand for auditors and data-driven techniques.
April 6, 2022
Audit
Building trust in artificial intelligence for audit
With the recent completion of an independent audit of its algorithms, MindBridge demonstrates clear evidence to safely and effectively support artificial intelligence for auditors and audit analytics.
September 28, 2021
Audit
Audit standards don’t need to change. Our approach to innovation does.
The audit standards and regulators are often blamed for the slow pace of change. Is this a fair view, and what can you do to accelerate innovation?
September 7, 2021
Audit
PCAOB makes room for technology: What does it mean for auditors?
The PCAOB have released their Data and Technology Research Spotlight, and it’s a doozy: technology-based tools are in.
June 4, 2021
Audit
Tech-driven audit approach: What you need to know
A quality audit approach is the first step toward risk discovery for your clients. So, where does technology fit in? Read more to find out.
April 23, 2021
Audit
Simplifying remote audit using AI auditing software
The explosion of remote work is one of the biggest shifts to come out of the COVID-19 pandemic. Social distancing rules and concerns of employee safety have forced many to settle into working from home. But what does that mean for the future of remote audit, and for the auditing software that makes it possible?
March 26, 2021
Audit
Should you update your audit methodology?
Does your audit methodology need a facelift? When most people think of an auditor, they picture someone working away on a calculator with a gigantic stack of paper beside them. Invoices, transactional documents, payroll documents, let your imagination run wild. The point is, there’s always a stack of paper, albeit some have started to become
March 23, 2021
AI and technology
Will DAS (the Dynamic Audit Solution) change the audit industry?
The audit industry has seen a bit of a shakeup in the past few years. New technologies, regulator crackdowns, big firms acquiring and merging, and a general push for improved processes and a review of age-old standards are all signs of new things on the horizon for our industry. But while there was a lot
February 5, 2021
AI and technology
ISA 315 revised: What it means for risk assessment procedures, and data analytics
ISA 315 (revised) and Data Analytics: Risk assessment procedures reimagined The revised standard has been published as of December 2020, and you might be wondering what impact it has on your firm’s risk assessment procedures and how you can address the requirements. There are many useful sources of information on the changes, notably the IAASB’s
January 19, 2021
AI and technology
Digital auditing tools and AI in auditing practice: A conversation
The audit landscape is changing. Read Marco Bogendörfer’s interview with tax consultant and auditor, Stephen McIntosh, about where it’s all going.
January 13, 2021