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Sustaining audit innovation: How to set your firm apart

ThomsonReuters

In a rapidly changing and increasingly competitive business environment, it is essential for audit firms to stay ahead of the curve and remain competitive. What is the role of innovation in auditing? Innovation is a crucial element of any successful business, and the auditing process is no exception.

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AuditBoard Announces AI and Analytics Capabilities

Audit Board

Purpose-built extensions allow Audit, Risk, and Compliance teams to leverage transformative automation and data insights to manage risk more efficiently. AuditBoard now offers the industry’s most flexible and approachable analytics options for audit, risk, and compliance teams.

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The power of Assisted Decision Making in Thomson Reuters Cloud Audit Suite

ThomsonReuters

Jump to: How AI is transforming audit AI-Assisted Decision Making in Thomson Reuters Cloud Audit Suite Ready to transform audit? How AI is transforming audit Traditionally, auditors have heavily relied on manual processes to uncover risk in financial statements and business operations.

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Internal Audit vs. Quality Control: What’s the Difference?

Internal Audit 360

GUEST BLOG A s a consultant, I review internal audit departments at multiple financial services organizations each year while conducting Quality Assurance Reviews. What Is Internal Audit, Exactly? Let’s start by clearly defining Internal Audit. Quality Control Is not Internal Audit!

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Is your tax department spending more time and money because of audits?

ThomsonReuters

This, in turn, puts tax departments at greater risk for even more audits and stiffer penalties. During the webinar, panelists discussed ways to reduce risk, avoid audits and potential penalties, and explore solutions to the challenges ahead. Automation is also considered an essential part of improving processes and productivity.

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Latest AuditBoard Innovations Accelerate Impact With Greater Efficiency

Audit Board

With AuditBoard® Analytics, teams can drive efficiencies, increase coverage and audit precision, and improve decision making, all part of our connected risk platform. Audit Scoping functionality is now also available in OpsAudit, which enables teams to scope audits using integrated entity, risk, and control data from across the platform.

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Chorus And Build My SOP Acquisition: Landmark Deal Brokered At Benzinga's Cannabis Conference

Benzinga

Chorus Compliance , a subsidiary of SC Labs and a leader in cannabis business software solutions has announced its acquisition of Build My SOP, a company specializing in standard operating procedures and management software for the cannabis industry.