EisnerAmper, a global business advisory firm, collaborated with Microsoft to develop the EisnerAI Audit Design Agent, an assurance platform running on Microsoft Foundry. The firm sees artificial intelligence as the next frontier for competitive advantage to allow technology to augment the sharp judgment auditors bring to every engagement.
Designed to modernize how audits are performed, the EisnerAI Audit Design Agent acts as a research and insight partner. It helps auditors synthesize information across systems and identify key patterns they need to move faster and think deeper. Auditors can then consider additional perspectives, accelerate risk assessment, reduce the likelihood of errors or discrepancies and ultimately elevate the quality and efficiency of the entire client engagement.
“When you take away the work of assembling and sorting data, you allow auditors to do more meaningful work,” Phillip Austin, head of the National Office of Professional Practice and chief risk officer of assurance at EisnerAmper, said. “When an audit is more precise, you find issues more readily. Clients gain insight, and the work becomes more satisfying.”
Jessica Estrella, audit partner and leader of methodology, enablement, technology and innovation at EisnerAmper, said, “We set out to build a solution that sets a new standard of audit excellence and paves the way for the future of how assurance gets done. And we’re confident we’ve achieved that goal.”
