Audit, Assurance & Risk
Audit and risk tools use AI to test transactions, match evidence to workpapers and flag anomalies. They serve external audit firms as well as internal audit and compliance teams.
How to choose
- Decide whether you need external audit, internal audit or GRC coverage.
- Check how the tool ingests client data.
- Ask how AI results are documented for review.
- Confirm security certifications and data residency.
8 tools
MindBridge
AI risk-analytics platform that analyzes full general-ledger populations for anomalies.
DataSnipper
Excel add-in using AI to automate audit document matching and testing.
Inflo
Cloud audit platform with data analytics and client collaboration.
Caseware
Audit, engagement and financial reporting software with AI capabilities.
Optro (formerly AuditBoard)
Connected risk platform for internal audit, SOX and compliance.
Fieldguide
AI-powered engagement automation for audit and advisory firms.
Validis
Financial data extraction and standardization for audit and lending.
Workiva
Reporting and compliance platform for SEC, ESG and SOX workflows.
Frequently asked questions
How is AI used in audit?
Common uses include full-population transaction testing, document matching, anomaly detection and drafting workpapers for review.
Does AI audit software meet professional standards?
The tool supports the work, but the engagement team remains responsible for meeting standards and documenting judgment.
Do these tools work in Excel?
Some, like Excel add-ins, do. Others are standalone cloud platforms.