Accounting Today

Clients expect auditors to use AI

Companies increasingly expect their audit firms to leverage artificial intelligence to aid the audit process, according to a new survey from BDO USA. Processing Content The firm's inaugural Audit ...
Accounting Today

Audit committees want more technology — but not if it makes auditors lazy

Audit committees possess a fairly measured attitude towards technology, described in a recent report from the Public Company Accounting Oversight Board as neither bullish nor bearish — they're ...
SiliconANGLE

Modus secures $85M to expand AI-powered audit and accounting partnerships

Artificial intelligence-native audit technology startup Modus Audit Inc. announced today that it has raised $85 million in new funding to accelerate product development and to support its strategy of ...
Business Wire

BDO Survey Finds AI is Expected to Unlock More Efficient Audits, but Can't Replace Human Element

CHICAGO--(BUSINESS WIRE)--The inaugural 2024 BDO Audit Innovation Survey, released today, finds that companies increasingly expect their audit firms to leverage advanced technologies like AI to ...
JournalofAccountancy

Technology in audit: More than a numbers game

Remember finding out you could use a calculator for your high school algebra test? A calculator can do some amazing things with numbers, but the thing is, you still had to input the correct numbers ...