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I never considered AI implication on Audit Evidence. Good catch

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Confirmations become more important

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Same thing with an excel or pdf file. Any person can change numbers there and AI will recalculate as such and call it great and good. While a human might be able to say numbers look off or file was edited.

They also said excel will kill the profession… AI will be just like excel; it may lead to efficiencies, but it won’t replace accountants/auditors entirely.

Agreed. I was more thinking about AI making it easier to create fake invoices or bank statements at a much larger scale than through manual manipulation of excel or PDF.

Auditors will need to come up with techniques or methods to try to catch these fakes efficiently. I was trying to brainstorm some, but didn't try that hard because it was Sunday.

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Related Posts

Joining Deloitte in 2weeks. What Deloitte send laptop, do they send extra monitor, keyboard and mouse? Or does it need to be purchased using $1000 productivity subsidy? And do we need to use Amex card to purchase and then reimburse?

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I need advice on how to approach a raise request.

I am a software sales representative in the manufacturing space. My starting salary was $85,000 in 2015 I did not receive a raise until I asked for one three years later in 2018. The raise was 5%. I have not received a raise since the 5% raise I received in 2018. They granted me a $2000 one time bonus in 2021 when I asked for a raise. How do I request a raise and get one?

I have brought up the cost of living expense and they do not acknowledg

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Currently contracting for PwC through an LLC I set up. Can I run certifications costs for my PMP as a business expense?

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Does Citi provide relocation assistance? If yes how much do they reimburse for shifting in pune? Citi

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I recently was let go (in lieu of accepting my two weeks) and I should have received my March expense check by the end of April per the employment agreement (submitted the report April 1, let go before mid April). I have emailed HR but haven't heard anything. I've got a feeling someone at the top is putting a hold on it.

How do I get my money from them? It's a few hundred dollars

Sorry if this isn't the right bowl for this question - I've checked a few.

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Does PwC SDC (AC Bangalore) reimburse phones for employees? Heard that Deloitte reimburses upto 30k.

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For the monthly expense reimbursement, how does it work if I choose it for my cellphone, is the amount added to my paycheck or I have to submit my bill each month in the expense account? Thanks

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I have got an offer based in Boblingen, Germany with 60k euro as fixed. Will it be enough for a couple with a 3 year old kid ? My major expense would be accommodation, groceries, kid’s school and transportation. Please do let me know your valuable inputs. TIA

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Is there an app to approve coachee time and expense ? TIA!

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I've seen a couple posts about unionizing, anyone know anything about the potential Kaiser strike in early October? Saw online that they're already hiring for scabs, $3400-$5950 + housing, travel transportation, and per diem. And this is for techs!!!

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Do they provide cab facility in Pune location ? How is the wfh policy? Do they reimburse internet charges?

At EY is I was reimbursed for a stationary bike 2 years ago. Would EY reimburse me for a road bike this coming year? There's a stipulation that says every 5 years but I'm not sure if that means for another stationary bike or if I can get a road bike and be reimbursed.

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I am available for Per Diem appearances in New Jersey. DM Me.

PwC how much does PwC pay or allow to expense for a mobile phone? Is there a fixed allowance for the device (like Deloitte for instance?)

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Hi guys, I have got an offer from Verizon. Role: MTS-3. Package: 21Lakhs (Fixed) + 12% Variable pay + 45 days of monthly salary as relocation expense + 50,000 joining bonus. YOE: 5.6 Years. Does the package look fine or shall I negotiate further?

Hello , I have accepted an offer from a UK firm , they mentioned that they will provide coc form to me and then I have to apply for a visa (they will reimburse the visa cost)
Is this a norm there ?
Do you guys have any experience with applying for a visa ?

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Has anyone dealt with submitting domestic adoption costs for reimbursement? Do we just email them our receipts as the expense has occurred. Is there forms to fill out as well? I just started the process and made my first payment and want to know how to submit.

Does KPMG reimburse for mobile bill/internet bill??KPMG

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Hi fishes,
Yoe-7 techstack - .net,MVC,webapi,azure certification (az-204) but no hands on azure projects.

Unisys- 23 Lpa(fixed) ,LWD - 23 oct ,CCTC -14.5
Given number of interviews but no one are ready to give more than this even if I reach last rounds.
I am confused right now like should give some more interviews or join the unisys?

Is unisys good company to join and how about wlb and hikes in unisys?

TIA

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Has anyone recently flown Virgin Atlantic on Delhi-NYC route (with layover in London)? How was your experience? Considering booking for parents.

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Happy new year

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How much do tech recruiters make? You know, the ones that harass you with copy/pasted messages through email and LinkedIn.

Do they make salary or is it based on successful hires?

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Anybody use iReady Reading program

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Is anyone looking for a great school in New Jersey to join for the 19/20 school year?

What do your students seem to struggle with the most: phonics/decoding skills, reading comprehension, fluency/stamina, or background knowledge? I know they all go hand in hand, but what's most lacking

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Hi all, my name is Alex and I just joined the bowl :)
Im graduating in may with a BS in Industrial Engineering. Ive also held a Data Analyst Internship for 1 year with a small construction company. Anyone have advice where this combination of education and experience would make me most competitive in terms of roles/companies?

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Anyone in Toronto looking for a CD? I need to make a change. Agency or in-house (if the in-house is cool.)

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How many dress shirts and trousers do you recommend I should have? New to this and need advice. Sorry if repost.

Do es the firm shut down for a week during xmas?

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Amazon loop coming up, can I use the same examples that I used in the phone screen or will the note from the phone screen be used as well to make a decision? Used two of my great examples and would like to used them again..

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These dating apps. ARGH! Someone “likes” you (takes the time to do that) then never messages you back. I don’t understand.

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Sharing some positive vibes! After getting a massage and a haircut, I felt so much better !!! Making small changes everyday!

likeuplifting

PR agencies: why are we even talking about going back to the office before a vaccine? Our jobs can be done 100% remotely with no negative effects. I’m confused why there is such a focus on talking about this right now

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Hi Fishes,
Good Day to all,
Can anyone please refer me or guide me for a QA role preferably automation role ?
Exp.- 1.5 years
Skillset- Selenium, Java, OOPS, Automation & Manual Testing
Thanks & regards

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The real battle 😂

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is this bowl active?

Additional Posts in Audit Bowl

At what point are you too specialized to lateral to internal audit? (PA, consulting, or industry roles) Currently have 2 years of external audit experience and 2 years of forensics: I always thought of internal audit as a decent exit but I’m beginning to get worried about getting too specialized to make that move one day

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TFW someone tells you they quit and you can't discuss it because but damn is it going to affect next busy season...

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Only senior on a demanding client, managing multiple staff and managers. I really like my team and the work but I’m starting to lose motivation and burn out after the long time being the only one in my position here... and I don’t want to sound ungrateful, but feels like I don’t get fairly paid for the amount of time and effort I put in... any advice to get out of this negative mindset?

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Internal auditor here, has anyone considered/gotten the Certified Regulatory Compliance Manager (CRCM) Certification? If so, can you share any pros/cons regarding the certification?

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Have you received a performance evaluation that you did not agree with? And how did you deal with it?

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Do accountants in the tech industry make a lot for salary? Above average than other industries? Like Cali / tech

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Could someone explain what finance closing process is? I passed CPA and have audit experience but I don’t really understand how industry accounting cycle works :( What does it mean to close the books? Are they referring to 12/31 deadline? Do all JE have to be recorded within this date? How does one close it?

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Anyone wanna rant? If so, please provide details of the craziest shit u have been through in ur career🤗

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Why do people accrue prepaid expenses?

Hi background in audit and soc compliance now working for a non-public firm but delivering support to the auditors. Being that I am new I am still learning all the processes however cannot find a single process narrative. In order to better my experience performance I have attempted to find some type of structure.
Nothing is compliant…..

Would you send over a file for review with your name on it when told for job security or respect yourself and understand why first

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How many people get promoted to S1 from A2? Didn’t do well in A1.

Just got a rousing pep talk from my partner about how being a partner in public accounting is the “greatest career anyone could ever dream of”. Feel like he’s still trying to talk himself into it, too.

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Anyone have any good audit jokes or one liners?

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Hello there audit folks! Anybody considering a shift to financial due diligence? Happy to discuss opportunities at EY, please DM me if interested. We are really looking for folks with healthcare or tech experience and can move extremely quickly during the interview process. I've been in the group for years and transitioned as a senior so can share the positives and negatives.

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Anyone familiar with working for the state? I think I’d like to switch to governmental after doing research on the work, hours and benefits. Any tips from those who have made the transition or currently work in gov?

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Has anyone made a move from a “cushy” lifestyle to move to NYC? I’ve had a desire to move for a while but the logical part of my brain is holding back. Also insight into PwC NYM would be great!

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