Tag: Spotlight on Science and Technology

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Artificial Intelligence: Preparing for the Future of Audit

The technological revolution has transformed and disrupted our lives in an incredible manner, and with ever-increasing volumes of data and related oversight processes, public audit dynamics also require substantial change. Endorsed at the XXIII International Organization of Supreme Audit Institutions (INTOSAI) Congress, the Moscow Declaration encourages Supreme Audit Institutions (SAIs) to…

Artificial Intelligence Creates New Opportunities to Combat Fraud

Combating fraudsters has long been a persistent challenge for governmental entities. While there are no precise figures, fraudulent activities drain billions of taxpayer dollars each year from vital programs. In today’s digitally-connected, information-driven world…

Improve Budget Analysis With Machine Learning, Data Analytics

Regional audit sections of Italy’s Corte dei conti, the nation’s Supreme Audit Institution (SAI), carry out various tasks, including analyzing local authority accounts to verify data accuracy and accounting system sustainability. The Apulia Region…

Innovation Labs: Embrace Change to Reap Rewards

Potential useful data is piling up everywhere. Scientific and Technological (S&T) advances are happening quickly and are, just as quickly, becoming difficult to follow. Discussions on topics—such as audit automation, Machine Learning, Artificial Intelligence and Blockchain—abound, as does advice to move everything to the infamous cloud, and these trends are certainly impacting…