- Supported Devices
- PC,Hub
- Updated
- May 14,2019
- Size
- 11.69 MB
- Age
- Everyone
- Release Date
-
- Description
-
AUDITS ARE MOVING TO BECOME MUCH MORE CONTINUOUS, ANALYTICAL, AND AT LEAST SEMI-AUTOMATE, PAVING WAY FOR EFFICIENT AND INEXPENSIVE DATA MINING.
Auditmetrics AI software is specifically designed for small business to compete in an evolving technology driven business environment that favors analytics. Our economy is on a high tech commercial revolution where huge business entities marshal vast sophisticated programming to correct past deficiencies and search for potential opportunities. Auditmetrics helps the smaller enterprise survive by providing a level analytical playing field.
Included with the software are free education resources such as PowerPoint slides and case studies to guide the user with a focus on profit and loss. Auditmetrics AI was originally developed for the Massachusetts Department of Revenue, Audit Division to modernize its sales and use tax audits in terms of introducing statistical audit techniques while conforming with AICPA, IRS and Multistate Tax Commission standards.
Auditmetrics since then introduced AI guidance for the user, expanded data input potential by adding an ability to input data from QuickBooks standard reports and forensic accounting analysis using Benford’s formula.
All of this is done in a user friendly environment such that one can traverse the complexity of the statistical audit by using a simple three step process. Each step has a series of computer guided analytic checkpoints. An auditor can let the software establish sample specification but there is ample opportunity for the auditor to fine tune the final design. Once a design is accepted, a random sample of the account is generated. The AI system also generates Excel templates that can be used to document and record audit results.
-
Related Windows Apps
-
2
-
Free
-
1
-
Free
-
1
-
Free
-
1
-
$125.99
-
1
-
Free
