An audit report is a fundamental tool to formally picture your business. The objective of the audit is to proof the balances of your financial statements. It is the starting point to determine the worth of your company and it will be a strategic step to grow and thrive. The audit also provides an insight into the internal operations and the quality of the physical and monetary assets as well as management.

In the past, the audit process consisted of analyzing a sample of transactions to spot the risky ones and perform tests. When an audit is combined with Artificial Intelligence (AI) that employs machine learning and algorithms the transactions classification is automatically performed, providing a clear location of where the risk is going to be. If your business use Quickbooks for accounting, it will be easy to link your data to this tool.