MindBridge Announces Stephen DeWitt as New CEO
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Audit

big data analytics in auditing
Audit

The auditor’s fallacy: The law of small numbers

Humans have used simple statistical sampling for millennia to make generalized sense of the world around us. Living in a resource-constrained world, statisticians gave emperors, surveyors, and accountants a simple workaround to the prohibitively intensive process of counting, checking, and validating everything. Sampling is the selection of a subset (a statistical sample) of individuals from

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auditors findings
Audit

Top 3 actions to take before the 2019 busy season

To best prepare for the upcoming busy season using MindBridge Ai Auditor, we’ve prepared this list of key actions to take, based on feedback received from users and their clients. Take note, plan your actions, and if you have any questions, please don’t hesitate to contact us for help. Key actions      Prepare your client and their data

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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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auditing team
Audit

How KNAV is Reimagining Audit Efficiency with Artificial Intelligence (AI)

Today’s audit environment is more dynamic, complex and growing than ever before concerning financial data.  The challenges with globalization, the growing Internet, Big Data and ERP systems with multiple touch points fuels the growth of financial data and challenges the ability of professional accounting firms to assert high-levels of confidence in performing audits. However, with

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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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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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audit for company
Audit

Making business sense by automating repetitive audit tasks with machine learning and AI algorithms—An interview with Angelique Koopman

What better way to start the first post in the “CPAs” series than with a world-class lady. Angelique Koopman, Partner Audit Innovation at Baker Tilly Berk, has been following MindBridge since our early days and recently visited our office. We could not resist asking her a lot of questions. In this series, we will interview

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