The public and private sector promotion of Computer Assisted Audit Techniques (CAATs), sophisticated business analytics and DOGE is bound to dramatically impact the business world. This is especially true when these trends are driven by the AI revolution. Our goal is to help small businesses with an inherent resource disadvantage in competing against large corporations. Auditmetrics AI is designed as a cost-effective portable expert system to enhance human decision making. Expert systems are commonly used in fields like medicine and finance to provide consistent and unbiased decisions based on established rules and data. This increase in AI driven analytics means a business must protect its home base by periodically conducting its own statistical financial analysis that conform to AICPA and IRS standards. Auditmetrics was developed in Massachusetts where the law regarding the statistical financial audit was very simple. It must conform to IRS standards (see IRS link below).
**There is a free samll business/learning AI SB V6. It is a streamlined starter learning version
AuditmetricsAI Pro has analyzed millions of transactions on a Microsoft Surface laptop. Algorithm efficiency ideal for business managers and consultants who need to be mobile.
Pro 7 includes forensic accounting methods SB V6 has some file size and AI limitations.
Springer Book Amazon Link: Primer of Audit, Forecasting & Market Research:
Auditmetrics has aways been very versitile in its service to its clients: We do our best to keep up with new advancements such as the increasing use of data and statistical analytics in enhancing profit and loss performance. A recent article by Gary Schoeniger in Forbes Small Business Newsletter: "Five Reasons Small Businesses Fail, And How To Avoid Them". One recommendation is
Schoeniger states his premise in admittedly controversial terms to emphasize that the formal business plan process can rely too heavily on logic and easily create a false sense of confidence. Advancements in AI and statistical analytics allows for greater data driven testing of ideas. The key is to obtain unbiased assessments of proposed activity.