An accountant’s objective in a review engagement is to obtain limited assurance, primarily by performing inquiry and analytical procedures, about whether the financial statements as a whole are free from material misstatement.
This objective enables the accountant to express a conclusion on whether anything has come to the auditor’s attention that causes the auditor to believe the financial statements are not prepared, in all material respects, in accordance with an applicable financial reporting framework.
MindBridge empowers accountants to enhance their analytical capabilities by analyzing the underlying data contained in the financial statements. The use of AI and advanced analytics, such as multivariate regression, statistical analyses, and data visualization, provides insights that improve the sufficiency and appropriateness of review evidence in a more timely fashion.
The One-Day Review allows you to learn how innovative technologies streamline review engagements with broader data gathering capabilities, faster analysis, and deeper client insights. Use this tool kit to better understand how AI and advanced data analytics increase review engagement productivity, and the steps to get there before the next busy season.