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Auditmetrics®Comining Soon Pro V6.6 AI Forecasting Feature |
Auditing, Forecasting & Market Research to Explore New Opportunities
The term audit conjures up negative feelings for a lot of people because they usually
associate it with tax returns and adversarial internal audits where there is the fear of a “Gotcha” moment.
Elon Musk and his band of geniuses, has brought forth a vey positive view. He uses
the data driven audit that leverages data analytics and advanced technology to assess financial
health of an enterprise.This approach focuses on analyzing entire datasets and identifying patterns,
anomalies, and trends that indicate risks and inefficiencies.
- Increased Accuracy and Efficiency: Since data-driven audits look at the entire population of data, they tend to be more accurate and comprehensive.
- Ongoing Monitoring: Data-driven audits allow for continuous monitoring, which helps detect issues in real time, enabling faster corrective action.
THERE'S AN OLD AXIOM IN SCIENCE AND BUSINESS, “IF YOU CAN MEASURE IT, YOU CAN CONTROL IT”.
Software and Historical Review:
AuditmetricsAI Pro algorithms can analyze millions of transactions on a laptop. Ideal for small business, students and consultants.
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Overview-Auditing, Forecasting & Market Research:
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Free Small Business/Learning V6.5 Download*
From Microsoft Store: |
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for Microsoft's
Professional AI Version: |
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 at Boston University classes.
Contact support@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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"IRS Specifications for Research Tax Credits
and its Unique Sliding Confidence Interval:"
Link to IRS Specifications
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What is Unique About Auditmetrics as Compared to Other Financial Software:
- Auditmetrics focuses on statistical analytics, which is beneficial for organizations looking for rigorous and mathematically sound audit processes and data mining.
- The AI feature in Auditmetrics guides users through statistical audits, forecasting and market research, which can be particularly helpful in expanding analytics capabilities and competitiveness.
- Data input flexibility in that it accepts data from various accounting management systems like QuickBooks, which enhances its versatility for different business sizes and types.
- Auditmetrics provides educational materials, such as a self-learning "Student Tutorial" with companion PowerPoint slides.
- In addition to following AICPA and IRS statistical audit standards, AuditmetricsAI V6.5 is certified by Microsoft.
- Health benefit financial administration augmented with studies involving health outcomes.
- Auditmetrics AI Pro efficiency can analyze data sets on a laptop ideal for small business and students
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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