Steve Yoss: AI's Power in Assurance Services | Quick Tech Talks

Efficiency meets innovation when you turbocharge audits with AI.

Quick Tech Talk

With Steve Yoss

CPE Today

Accountants can leverage AI tools—not just the industry-specific platforms like MindBridge and Inflow Systems, but also generative AI tools such as ChatGPT and Claude—to enhance their auditing processes.

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Amazing, dedicated AI tools exist for accountants, but did you know you can use general generative AI to analyze Excel workbooks and other data files?

By uploading a data file and posing natural language queries—such as identifying transactions on weekends, holidays, or those significantly deviating from the norm—accountants can efficiently sift through vast datasets. The results are quick, actionable insights that enable auditors to focus on the most critical transactions, streamlining the assurance process.