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FERF report spotlights audit possibilities via technology

Tammy Whitehouse | July 21, 2016

For companies still struggling to get their arms around financial compliance, especially with respect to internal control over financial reporting, technology may provide the answer.

That’s the view of the latest research paper by Financial Executives Research Foundation, which summarizes interviews with internal auditors, public accountants, and software providers. The paper profiles examples where increased used of data analytics and continuous monitoring have helped companies build control environments that are both effective and efficient.

“Advances in technology, specifically the use of automated analytics, provide opportunities...

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