ISA 240 (Revised): Strengthening the Auditor’s Role in Fraud Detection 

Learn how ISA 240 (Revised) strengthens auditor responsibilities for fraud detection, enhances professional skepticism, and improves audit quality.

With fraud and financial misconduct continuing to make global headlines, expectations for auditors are rising. To address these evolving risks, the International Auditing and Assurance Standards Board (IAASB) has released ISA 240 (Revised), The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements, a sweeping update that reinforces the auditor’s role in fraud … Read more

How to stay out of the headlines: finding accounting irregularities before they become front-page news

Staying-Out-of-the-Headlines

Financial scandals are dominating headlines with increasing frequency, affecting organizations of all sizes—from multinational corporations to fast growing startups. No company is immune to the risks of fraud or financial reporting errors. The consequences go far beyond financial losses; they undermine trust, tarnish reputations, and shake investor confidence. No business wants its name associated with … Read more

The Role of AI in Modern Fraud Detection and Auditing 

Discover how AI fraud detection software empowers financial institutions with continuous monitoring and proactive risk management. Stay ahead with MindBridge AI.

Empowering Fraud Detection with AI Technology  As large organizations face rising fraud risks, traditional fraud detection methods are often insufficient. Rather than replacing existing systems, AI fraud detection enhances and augments them, providing financial professionals with continuous monitoring across all transactions. MindBridge’s AI-driven platform empowers financial professionals to monitor all financial transactions continuously, ensuring no … Read more