
Automated Auditing
Automated auditing refers to the use of technology and software to evaluate and analyze financial records, compliance, and operational processes without manual intervention. It streamlines the auditing process by quickly identifying discrepancies, patterns, or potential fraud through algorithms and data analytics. By automating these tasks, organizations can improve accuracy, efficiency, and speed while reducing the risk of human error. This approach also allows auditors to focus on more complex issues that require human judgment and expertise, ultimately enhancing the overall quality and reliability of audits.