Insights and Innovations in Accounting AI

Discover FootNoteDB, a free AI-powered tool helping auditors efficiently research 10-K footnotes with natural language queries. Unlock faster insights with ease.

The PCAOB's recent report of 2023 inspection findings contains, in the Board’s own words, an “unacceptable” rate of deficiency findings in audit inspection reports. See our summary of who and what is driving this trend and what signs of progress are being found within the data.

Introducing Knowledge-Grounded Generation, a RAG method ensuring LLM responses are precise and grounded in verified data, reducing hallucinations in Q&A chatbots.

Tellen ensures client data security by embedding all infrastructure in their cloud, enforcing zero trust, and implementing rigorous access controls and testing.

Tellen's AI in Auditing webinar explored AI's impact on audit efficiency, emphasizing the need for professional oversight and secure data practices.

Tellen's new feature enables seamless analysis of Word, Excel, PDFs, and websites using advanced RAG techniques, perfect for accountants and auditors.

The PCAOB's recent inquiry of firms and issuers offers insights on the successes and challenges the industry has experienced integrating AI into existing processes. While auditors are implementing AI for limited use cases, issuers have encountered challenges within their organizations. Still, both camps shared a broad range of future use cases which the PCAOB has detailed within.

Frank G. Hauser joins Tellen’s Advisory Board after a 38-year career at PwC, bringing his expertise in audit quality to support Tellen’s AI-driven solutions.

This post will explore some of the more common findings from the PCAOB’s latest inspections. Using a few examples as a mini case study, we will examine how an LLM trained to integrate with a firm’s systems could be trained to detect and even suggest corrections for these types of errors in audits.

Tellen partners with Perelson Weiner LLP to automate accounting tasks with AI, enhancing efficiency and client service in the industry.

Tellen and AI: Discover how Tellen leverages AI to enhance audit quality for accounting firms with secure, user-friendly applications and chatbots.

Discover how Tellen’s AI infrastructure transforms accounting firms with a concise 2-minute video. Learn how our platform offers a secure and compliant AI solution tailored for staff and clients.

The increase in Part I.A findings by the PCAOB over the past several years has been widely reported with in the audit industry. While firms are quick to defend their individual practices, we have dove into the data to examine where and how this trend is playing out within the different subpopulations of firms inspected by the PCAOB. We found, among other intersting insights, that even the largest firms are experiencing rates of findings at or above the widely published averages.

Tellen and Advantage Partners have launched an AI-powered chatbot to enhance the SOC 2 audit process, offering CPA firms instant access to accurate,

Our latest blog post dives into their AI strategies and the guidance from the largest firm’s in the U.S. Notably, the Big Four’s KPMG and mid-tier Marcum have...

How should auditors and accountants rethink their use of AI prompts to obtain better results? We’ve explored some practical tips...

What enhancements to the audit lifecycle might we see in the near future? We anticipate that AI has a role to play in the audit...

Much has been postulated about how generative AI will impact auditors. We decided to take a closer look at what is being ...

We are excited to launch Tellen's Accounting AI Studio, the first generative AI platform purpose built for accounting firms to access ...

AI copilots and autonomous agents will help with compliance adherence and data processing overload, The accounting AI space is on the verge of solving ...

Tellen explores the evolving role of AI in auditing, highlighting initial excitement, ongoing challenges with integration.

The blog post discusses the evolution and impact of machine learning and AI in the finance sector, particularly in credit decisioning, and ...