Enhancing Audit Processes With Advanced Analytical Tools

Data Science Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/enhancing-audit-processes-with-advanced-analytical-tools.
Discover how advanced analytical tools streamline audit processes, boosting accuracy and efficiency for tech professionals.
Check more stories related to data-science at: https://hackernoon.com/c/data-science. You can also check exclusive content about #advanced-analytics, #software-development, #audit, #analytics-based-auditing, #auditing-tech, #data-visualization, #complex-event-processing, #ai-in-analytics, and more.
This story was written by: @devinpartida. Learn more about this writer by checking @devinpartida's about page, and for more stories, please visit hackernoon.com.
Developers can leverage advanced analytics tools to streamline and improve software, compliance and internal controls auditing. Advanced analytics tools like artificial intelligence, complex event processing and data mining enable 100% population testing. They eliminate the need for sampling, thereby reducing bias and error risks. Autonomous technologies like AI are particularly beneficial since they eliminate human error.