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Machine Learning and Audit

Machine Learning and Audit

March 15, 2022
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The moment you talk about Machine Learning, the world drifts to a mythical zone. A place of futuristic predictions with data and numbers. But that is only partially true. Machine learning harnesses the power of algorithms to derive predictions from data. Computational machines learn and improve themselves in this process to predict better. Hence Machine […]

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Importance of Data Analytics & Business Intelligence

Importance of Data Analytics & Business Intelligence

June 29, 2021
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By: Vlad Petskel Data Analytics & Business Intelligence is changing the world drastically, and we have to adapt as working professionals. What is Data Analytics and BI? Data Analytics and Business Intelligence are data management solutions implemented in companies and enterprises to collect historical and present data, while using statistics and software to analyze raw […]

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Duplicate Invoice Analytics

Duplicate Invoice Analytics

May 5, 2019
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Duplicate invoices should be identified as part of your audit analytics program to determine if the company being invoiced is paying for services or products they’ve already paid for. The company sending the invoice could be doing it maliciously to get paid twice for the same work performed or product sold or it could be […]

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What is Audit Analytics?

What is Audit Analytics?

December 5, 2018
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According to Investopedia, “data analytics is the science of drawing insights from raw information sources.” Additionally, “internal audit is the examination, monitoring and analysis of activities related to a company’s operations, including its business structure, employee behavior and information systems.” With definitions like that it comes as no surprise that so few of us, in […]

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