How do AI and machine learning systems differ from the existing data analytic auditing systems like IDEA?
Question:
How do AI and machine learning systems differ from the existing data analytic auditing systems like IDEA? Include a discussion of the professions’ concerns surrounding the use of AI in auditing.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
According to a 2020 whitepaper published with 1 CPA Canada and the AICPA the rapid evolution of the audit is being driven by technology and increases in the use of automation analytics and artificial ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Ethical Obligations And Decision Making In Accounting Text And Cases
ISBN: 9781264135943
6th Edition
Authors: Steven Mintz
Question Posted:
Students also viewed these Business questions
-
Determine the mass moment of inertia of the steel machine element shown with respect to the z axis. (The specific weight of steel is 490 lb/ft3.) 0.9 in 0.9in 0.9 in 9 in 0.6 in. 35in. 3.7 in 3.1 in...
-
Include a discussion of what database auditing is and what it does. Consider why these new roles were introduced and what problem they are meant to resolve. Do not simply define the roles. Explain...
-
Why does the text include a discussion of China?
-
When VGS = 0.5 VGS(off) . gm. is -------------- the maximum value. Select one: a. one-fourth b. three-fourths c. equal to d. one-half
-
The authors of the paper Do Physicians Know when Their Diagnoses Are Correct? (Journal of General Internal Medicine [2005]: 334 339) presented detailed case studies to students and faculty at medical...
-
Suppose that the three coordinate planes bounding the first octant are mirrors. A light ray with direction ai + bj + ck is reflected successively from the xy-plane, the xz-plane, and the yz-plane....
-
\(4 \times 72 \times 5\) Use properties of real numbers and mental math to calculate the expression.
-
The cash register tape for Bluestem Industries reported sales of $6,871.50. Record the journal entry that would be necessary for each of the following situations. (a) Cash to be accounted for exceeds...
-
Stock Analysis : In this section, you will select five stocks from the provided list and determine their values by applying an appropriate valuation model from the following options: price to...
-
Provide a figure showing the apparatus required to perform a hydrogenation reaction at 1atm. H2, without the need for specialist glassware/equipment. (The apparatus should be suitable for performing...
-
Ronnie Maloney, an audit partner for Forrester and Loomis, a registered public accounting firm in Boston, just received a meeting request from Jack McDuff, the chairman of the audit committee of...
-
In a recent survey of 122 public company managers with financial reporting experience, respondents were asked how morally right they believed earnings management to be. Managers responded on a scale...
-
How would you structure your cost management team to ensure the proper estimation and management of cost?
-
On January 1, 2024, Pete's Pizza borrows $17,000 to purchase a delivery truck by agreeing to a 6%, five-year loan with the bank. Payments of $328.66 are due at the end of each month, with the first...
-
What are the resources for writing copy for email marketing? How to find copy and images for email content and write about the solution you provide. (Including images and the page link, which seems...
-
Discuss the role of non-linear analysis in understanding the behavior of complex structural systems. How does non-linear analysis differ from linear analysis, and in what scenarios is it critical for...
-
Discuss the concept of resilient structural design. How can structural engineers incorporate resilience to improve the robustness and recovery capabilities of infrastructure in the face of natural...
-
A square loop of mass 15 g and side 10 cm lies in a vertical plane. The upper side of the loop is fixed and the loop can rotate about it. The loop is immersed in a uniform magnetic field of 0.4 T...
-
Explain the major difference between an S corporation and an LLC?
-
Show that if A is any m n matrix, then Im A = A and AIn = A.
-
Give one example each of when an auditor might render an unmodified opinion and include an emphasis-of-matter paragraph and other-matter paragraph. What is the value of such paragraphs in the audit...
-
The following statement expresses the conclusion of XYZ auditors with respect to the companys investment in ABC. Assume that all amounts are material. What kind of audit opinion should be rendered...
-
Rationalization for fraud can fall under two categories: no harm and no responsibility. Assume an employee is directed by management to reduce recorded expenses at year-end by insignificant amounts...
-
A hotel renovation company has recently accepted an extensiverenovation project in downtown Raleigh, NC. The project manager haslisted the following paths after creating and analyzing anactivity-on 2...
-
Audiophonics Limited manufactures and sells high quality and durable ear buds for use with personal electronics that are custom moulded to each customer's ear. Cost data for the product follow...
-
You must evaluate the purchase of a proposed spectrometer for the R&D department. The purchase price of the spectrometer including modifications is $250,000, and the equipment will be fully deprec...
Study smarter with the SolutionInn App