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Auditmetrics® Pro V7 Now Availble (see overview)
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The U.S. Government is Conducting a Data-Driven Audit
For better or worse this trend is bound to increase especially when AI and sophisticated analytic methods become part of the
process. Auditmetrics® has been on both sides of an audit in the area of Computer Assisted Audit Techniques
(CAATs) which includes periodic statistical audits to monitor account performance.
This increase in AI and statistical analytics means a business must protect its home base by periodically conducting its own
internal audit that conform to AICPA and IRS standards. Auditmetrics was developed in Massachusetts when the law regarding the statistical
audit was very simple, it must conform to IRS standards.
Auditmetrics AI interprets a knowledge base to guide the user in solving business problems.
Small Business/Learning V6:
- Free but has file size limitations
- Designed to keep up with AI audit revolution
- Short term forecasting
AuditmetricsAI Pro V7:
- Handle accounts with millions of records
- Automatied AI long term forecasting
- Forensic accounting tools
AuditmetricsAI Pro has analyzed millions of account transactions on a Microsoft Surface Laptop.
Its algorithm efficiency is ideal for small business, students and consultants who need to be mobile.
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Overview-Auditing, Forecasting, Market Research
& Auditmetrics Pro V7:
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Free Small Business/Learning V6.5 Download*
From Microsoft Store: |
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for Microsoft's
Professional AI V6.5: |
Learnig Materials & Practice Datasets:
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V6.5 Pro can sample accounts with milions of records
also includes forensic accounting using Benford Formula
& ideal for longterm Forecasting.
Professional Version includes Eleaor Winslow's book
"Forecasting Revenue and Expenses for Small Business"
and slides used in Boston University classes.
Contact e.winslow@auditmetrics.com
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* Windows 10 & 11 Operating System Required
Microsoft Store may download Windows updates
needed to meet Auditmetrics performance.
Those with older legacy Windows contact support
for help.
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Auditmetrics has aways been very versitile in its service
to its clients: We do our best to keep up with new advancements such as the increasing use of data and statistical analytics
in enhancing profit and loss performance. A recent article by Gary Schoeniger in Forbes Small Business Newsletter: "Five Reasons Small
Businesses Fail, And How To Avoid Them". One recommendation is
DITCH THE BUSINESS PLAN!
Schoeniger states his premise in admittedly controversial terms to emphasize that the formal business plan
process can rely too heavily on logic and easily create a false sense of confidence. Advancements in AI and statistical analytics allows for
greater data driven testing of ideas. The key is to obtain unbiased assessments of proposed activity.
Forbes Newsletter Full Article
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