Join our cross-industry'European Internal Audit Forum'on 9th'and'10th'of'May, 2019'in'Prague, Czech Republic! At our upcoming'European Internal Audit Forum, we are going to discuss the most interesting challenges of'Internal Audit. Audit Zone 2019'will unfold the'solutions'to the challenges that internal auditors have to overcome in order to stay efficient in a rapidly … [Read more...] about Audit Zone 2019
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The Impact of Artificial Intelligence on the Accounting Profession
Artificial Intelligence or AI is defined as the capacity of machines and software to exhibit or imitate a sense of cognitive intelligence. The idea behind AI holds great potential and yet also raises many concerns. In fictions, scientific and otherwise, developing AI tools and applications, capable of thinking, learning and, reacting like living beings doesnt end very well. But … [Read more...] about The Impact of Artificial Intelligence on the Accounting Profession
Big Data Governance – Data, Algorithms and Auditors
In a previous post I introduced the topic of Big Data governance and that there are three different aspects that are part of big data governance: the data, the algorithms and the data auditors. I discussed accountancy as a metaphor, where accountancy is used within organizations for checks-and-balances, data governance should be used to ensure the data and algorithms are … [Read more...] about Big Data Governance – Data, Algorithms and Auditors
Big Data Governance: Controlling and Handling Data
Accountancy within organizations has been around practically since the existence of organizations itself. As long as we can recall, we have kept track of what happened within an organization, or in the old days while farming or herding. The earliest records of accounting data back 7.000 years ago, from the ruins of Babylon, where the growth of crops and herds were recorded. … [Read more...] about Big Data Governance: Controlling and Handling Data