Through the pandemic many finance departments have operated remotely with less oversight than usual. As with any major crisis, this pandemic has created the perfect opportunity for fraudulent activity to thrive. Read more from Stuart Cobbe, ACA
Using AI, public sector organisations can both identify and rectify potential issues before they become a problem, saving valuable money in the process and ensuring these precious public funds are being administered and used effectively. Accountability and transparency are essential for public sector audits. The public sector is under a watchful eye to ensure finances
Significantly large volumes of funds are being handed out to companies and individuals to support them during the pandemic, and it is vital to ensure this support is being used for the purposes intended by government. By expanding the use of technology such as artificial intelligence (AI) within the public sector, auditors can identify and
In this question and answer interview, Nick Levine talks to MindBridge director Rachel Kirkham about how the audit process is likely to change in response to public expectations and technological advances. Read more
After looking into the various options available in the market, MindBridge Ai Auditor, the world’s first AI-powered auditing solution, was selected to enhance the company’s existing auditing capabilities. The solution analyses an organisation’s entire data set, examining all transactions, looking at the monetary flows between accounts, all credits and all debits and most importantly, identifying
In a time when unprecedented volumes of public funds are being distributed for COVID relief programmes, the efficiency of public services has never been more important. From fraud and error detection to the prediction of service disruptions, the variety of data held by government agencies means that they are well positioned to use artificial intelligence –
The potential for fraud has increased with the ongoing Covid-19 pandemic, as finance institutions having to work remotely creates the possibility of fraudulent activity. Read more
Canada’s 5th largest full-service chartered accountancy and business advisory firm to streamline external audit processes with artificial intelligence Ottawa, December 9, 2020 — MindBridge, the pioneer in AI-powered risk and fraud detection solutions for financial professionals, today announced their strategic supplier relationship with MNP LLP, one of the largest accounting firms in Canada. The firm will
MindBridge Analytics Inc. has received $11 million in new funding from the Government of Canada’s Strategic Innovation Fund, earmarked to accelerate the development of artificial intelligence technology. Read more
The audit function has always been a number-crunching role but as the financial world becomes riskier, auditors are taking on a more strategic position with the help of technologies like artificial intelligence. AAT interviewed Stuart Cobbe, customer success manager at MindBridge Ai, on how these technologies are shifting auditors’ roles. Read more
MindBridge awarded Technology Pioneer 2020 by the World Economic Forum The Regensburg-based start-up 5FSoftware has signed an agreement to distribute the Canadian company MindBridge’s Ai Auditor software solution for the German and Austrian markets. The solution enables auditors to expose anomalies, whether intentional or not, during their annual financial statement audits in the shortest possible time. Wirecard scandal could
New partnership helps serve the AI and data analytics needs of the accounting, audit, and finance community in California. Learn more here
