Computational Audit
In a prior blog post I mentioned Computational Law. My first question after seeing that was, "Is there such thing as a computational audit?" Well, turns out that there is.
Per this paper, Providing Continuous Assurance, since about the 1990s a family of computational audit approaches have been developed.
Also, seems to me that AI assisted audits have a heavy computational aspect to them. Seems like the AICPA Dynamic Audit Solution Initiative is a step toward computational audit.
The Essence of Accounting points out how computational accounting is.
This web site called Computational Auditing appears to already do royalty payment auditing among other things.
Posted on Tuesday, August 25, 2020 at 03:10PM
by
Charlie
in Digital Financial Reporting
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Charlie
in Digital Financial Reporting
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