Audit software

PricewaterhouseCoopers showed off some of its new and upcoming technologies it has been developing for its staff and clients, particularly in the auditing field, at an event Tuesday in its offices in New York.

AppZen has released its enhanced AppZen Platform, using artificial intelligence to automate audits and other financial processes.

The amount of time needed to prepare an audit or create a budget or forecast is greatly reduced with fintech, leaving staffers with the time they need to do more strategic work.

Technology is less a threat to the audit than a tremendous opportunity, experts say.

The Public Company Accounting Oversight Board has released a document providing information from its conversations with nearly 400 chairs of audit committees.

Erik Asgeirsson describes the new audit tools and many other developments coming out of CPA.com and the American Institute of CPAs.

CCH Axcess Knowledge Coach still allows for auditor professional judgement in the audit process.

Technology is ready to disrupt this core service of the profession, and that's going to require a serious response from auditors, according to Alan Anderson of Accountability Plus.

The AICPA and CPA.com have been forward thinking on artificial intelligence, and how it will shape the accounting industry in the near future, specifically the audit function.

Deloitte is making use of robotic process automation to help its auditors and clients with their financial statements.