Business Process AutomationEstimated reading time: 1 minute
Accounting Process Automation
See http://xbrl.squarespace.com for developments on digital financial reporting. Please get in contact with the author for further advice and/or if you are able to lend your support to his projects.
Charles Hoffman is working on “creating a tool that accountants creating XBRL-based financial reports, internal auditors reviewing those reports, and/or external auditors attesting to those reports can use to verify that the report is created correctly. I am doing a lot of “deductive” reasoning to explicitly verify that the report is created correctly mechanically, structurally, mathematically, logically. What would be a really good addition to that functionality is an “inductive” reasoning system that also helped in the process of verifying the report. Once that tool exists, people can begin to truly understand the power of AI.”
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