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Meetingwithai mindbridge

MEETING AND EXCEEDING THE NEW AUDITING STANDARDS WITH ARTIFICIAL INTELLIGENCE

Cost Free
Presentation Length 1.5 hours

Recorded DateJanuary 20, 2017
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAuditing
Course LevelBasic
Course Description

Since the start of the new millennium, there were numerous attempts to tackle the problem of financial misstatements and fraud. One of these attempts was the Sarbanes Oxley Act (SOA) in 2002 in the US that increased the auditor's responsibility relating to fraud. Though these attempts were a step in the right direction, even with the current SAS99 and its equivalent CAS240 standards that provide clear guidance and set the expectations of the profession, they haven't stopped financial statement fraud from happening.

The rise of cloud based accounting software and big data, coupled with the tools and practices that are available to the profession (which have not evolved accordingly), makes an auditor's mission only more difficult.

This course provides a refresher on these standards. It also will demonstrate (through a live, real-world use case) how Ai applied to data and analytics can be effective in delivering substantial time saving and advancements in the public accounting profession by reducing analyst fatigue and streamlining data acquisition and analysis process.

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Solon Angel is the visionary founder and Chief Evangelist of MindBridge Analytics Inc. His time in Silicon Valley shaped his business philosophy of watching trends and building product-centric companies that solve massive market problems. Solon’s 16 years of experience in high-tech firms ranging from venture capital to business analytics and deep knowledge of CAATs as former product manager at CaseWare make him the perfect technology strategist to reshape how companies around the world detect fraud and reduce corporate risk.

About Our Presenter

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MindBridge is committed to revolutionizing how financial crime investigations are conducted. The tools available to risk professionals are just not keeping pace with the rapid growth of fraud that is impacting corporations today. MindBridge was founded to bridge the gap between fraud investigators and internal threat’s using the latest technology advancements in data science and artificial intelligence. We can enhance human capacity to ingest, process and analyze data empowering risk professionals with faster results and deeper insights to identify and eliminate financial crimes.