Enabling the Data-Driven Audit with an Intelligent Data Management Platform
The Scenario – A Complex and Poorly Integrated Software Stack A midsized audit firm has implemented various audit software tools to capture data, analyze risk, and perform tests. Each Software-as-a-Service (SaaS) platform was selected to perform a specific function, with little consideration given to how data is organized and coded to flow between the applications. […]
Keeping Data Secure – The Growing Threat of Cyber-Attacks Against the Audit Industry
Cyber-attacks are a persistent and growing threat to the accounting and auditing industry. Auditors have always taken steps to secure sensitive financial data. Today, auditors frequently use secure file-sharing software and other tools to send, receive, and access documents securely throughout a client engagement. However, the consequences of a successful data breach can be severe, […]
Faster and More Complete Revenue Testing With Vizschön™ A Use Case by Vigilant AI
The Scenario – Revenue Discrepancies Uncovered During Initial Analysis An accounting firm is conducting a year-end financial audit on a midsized commercial landscaping company. The company uses contractors to provide various landscaping services to customers. Services can depend on the time of year, location and size of the property, and customer needs. Contracts are typically […]