CPA Canada – The AI accounting challenge: how to turn it to your advantage

While there’s still a lot to worry about when it comes to AI, accounting and financial professionals are finding ways to make it work for them. […] This is where companies like MindBridge come in. Based in Ottawa, MindBridge is a risk discovery and anomaly detection platform that uses AI to help auditors make their jobs more effective by identifying, surfacing and analyzing risk across broad financial datasets. The company has raised over $40 million since its founding in 2015 and recently announced a global alliance with KPMG in April 2023. KPMG is infusing the power of MindBridge AI into its smart audit platform, KPMG Clara, to improve anomaly detection in digital audits.

Read full article