Risk assessment has been a theoretical exercise based on auditor judgment. However, technology has advanced to enable the scoring of entire ledgers of data that can provide quantitative and unbiased input into the risk of material misstatement.
This webinar will focus on:
- The use of anomaly detection as an indicator of control risk and inherent risk
- How auditors can use indicators of risk to assess the risk of material misstatement quantitatively
- Tips and tricks on how to use anomaly detection to comply, understanding the entity and risk assessment standards
After this webinar, you will come away with an understanding of how MindBridge supports your professional judgment.