Sunday, December 13, 2015

Auditors use algorithms to scan books minutely

Algorithms, the software programs that are increasingly replacing humans in many complex jobs where precision and speed decide the winner, are becoming an essential tool for auditors as well. The different tools used by the auditors give them specifics of even the smallest if transactions once it is defined by the auditor. The auditors need to have a basic know how to run these tools but the results are transparent and elaborate.

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