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.
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.
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.
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.
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?
The PCAOB have released their Data and Technology Research Spotlight, and it’s a doozy: technology-based tools are in.
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?
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
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
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
The audit landscape is changing. Read Marco Bogendörfer’s interview with tax consultant and auditor, Stephen McIntosh, about where it’s all going.