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AI Auditing for accounting firms

MindBridge Ai Auditor revolutionizes financial analysis for CPAs with the world’s first and only AI powered auditing platform. Lightning fast, risk-ranked analysis on all transactions, with zero scripting, means you can spend more time providing value to clients.

A comprehensive, risk-based approach to support your audit

There are plenty of challenges with established audit practices. Outdated CAAT tools, sampling practices and the explosive growth of big data, all present major barriers to detecting anomalies, intentional or otherwise, in financial data.

Identify all the risk, in seconds

The Ai Auditor platform works by your side, augmenting your capacity to detect errors in the data—not only by analyzing the entire data set, but by cross-correlating dozens of testing criteria against every data point and presenting you with a view of every user, vendor and transaction, by risk, all within moments of ingesting your data.

MindBridge Ai Auditor in five minutes

Join Robin Grosset, MindBridge Ai CTO as he jumps into the MindBridge Ai Auditor platform, demonstrating data ingestion, risk-ranked scoring and reporting, an overview of the Ai Auditor control point checks, flow analysis and workflows.

Enhancing auditing with explainable AI

Our analysis for external auditing runs very deep, and it is incredibly comprehensive. While our platform is stacked with traditional tests based on domain expertise and business rules, the analysis is also greatly enhanced. Statistical methods like regression and Benford’s Law are applied, as are numerous machine learning algorithms and AI seeded with knowledge from the domain expertise of some of the world’s top CPAs.

Astounding analysis

A/B testing with the MindBridge Ai customer base has shown that when AI analysis is enabled, the platform is 20 to 900 times more likely to identify errors in the data.

Just as importantly, Ai Auditor is engineered to reveal insights through transparency. No black-box obfuscation, all of the details on what tests identified risk are at your fingertips, for every line item. Our sleek, intuitive reporting interface encourages you to explore, investigate — seeing exactly what is drawing concern, and why.

A/B testing with MindBridge Ai customers has shown that errors are 20 to 900 times more likely to be uncovered with our AI testing components contributing to the analysis

Astounding analysis

In AB testing with the MindBridge Ai customer base, analysis has shown that when AI analysis is enabled, the platform is 20 to 900 times more likely to identify errors in the data.

Just as importantly, Ai Auditor is engineered to reveal insights through transparency. No black-box obfuscation, all of the details on what tests identified risk are at your fingertips, for every line item. Our sleek, intuitive reporting interface encourages you to explore, investigate — seeing exactly what is drawing concern, and why.

Redefining reasonable assurance

Dozens of the most powerful risk-detection criteria on Earth, including expert taught AI and machine learning algorithms, working together to analyze 100% of your data, including all monetary flows between accounts? That’s not some pipe dream for the future, that’s MindBridge Ai Auditor today. Welcome to reasonable assurance, redefined.

100% data analysis

A wise man once said, “Sampling is a coping mechanism for dealing with large data.” Don’t leave risk assessment to chance, Ai Auditor analyzes your entire data set, and unlike any other solutions it examines full transactions, looking at the monetary flows between accounts, all credits and all debits. Oh, and we also provide a sleek sample-selector tool that helps you adhere to current processes, and to justify if required, precisely why those samples were selected.

Zero Scripting, Zero Training

Wasting time on data ingestion and account groupings are now a relic of the past. Solutions that require IT resources, scripting and training on CAAT tools, those solutions are working against you, not with you. Ai Auditor works by your side, taking care of the heavy lifting, providing the best possible analysis for your audits, while freeing you spend time where it matters.

Identify risk, in seconds

With a powerful and intuitive reporting interface, Ai Auditor empowers you to examine and compare risk assessments across the entirety your entire data, whether it be by account, by time, by user, vendor or transaction. The visually compelling drill down functionality provides a beacon to explore the data at a more granular level, where detailed risk assessments, and their explanations are just a click away.

Resources

Demystifying Artificial Intelligence and the Impact on Auditing

AI is helping of a number of professions, including auditors, deal with a changing landscape. Learn how the Ai Auditor platform leverages AI to provide faster, more highly assured audits than ever before.

MindBridge Ai Technology, Mission and Product Overview

Learn about our MindBridge Ai technology, why we created it and how we take a hybrid approach cross-correlating business rules, statistical methods and machine learning to deliver better financial analysis.

Interview with Becky Shields of Kingston Smith

Kingston Smith, a top 20 UK chartered accountancy and audit firm is leveraging MindBridge’s Ai Auditor. Becky Shields talks about the value that Ai Auditor brings to the firm.