Microsoft certified available at "Microsoft Store Online". For help:info@auditmetrics.com
 Small Business News Items and Available Resources: Link to Auditmetrics® Small Business News & Resource DownloadsAI Revolution and Small Business Survival 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) Auditmetrics Requirements: Windows 10 & 11 but if you are using legacy Windows, contact us for assistance. After you download
your software version, download a practice dataset to quickly start the learning process. However, that is only the first step in
mastering business critical data. You will need to start your own business account data generation. If your business is large enough
to run on a server, then consult with tech support for Data help. If you control all aspects of account data management,
contact us for resources to generate analytics datasets (support@auditmetrics.com). AI New Video Library Overview Lesson The original implementation of Auditmetrics in training auditors was a combination of learn by doing in conjunction with the
gestalt whole approach. The first step was getting auditors to quickly generate an random sample.
This was accomplished with an overview lesson that guided the auditor to complete the total process of auditing, forecasting and market
research. It is not unusual for there to be a certain amount of discomfort and uncertainty after the first implementation of the audit
sampling process. But after this first exercise there is an end-product that can be immediately used by the business. It is successive
sampling that enhances knowledge and in turn raises the level of comfort.
Step I. Generate a random sample Step II. Generate a regression or least squares prediction line Step III. Generate a table that compares business cash flow with IRS income data by Zip code These steps display a total view of auditing, forecasting and market research. The Auditmetrics Challenge: Intellectually Master Business Cash Flow
Forbes Report: In Education, Risks of AI Overshadow the Benefits Link to Forbes AI and Education Report |
Video/Self-Learning Library
- Comprehensive resource for auditing, forecasting and market research
- Expert system in guiding decisions based on established rules and data design
- Overview of the power and ease of the relational database management system
- For students to learn by doing which will carry through when entering the workforce
- Auditmetrics is statistics 101 melded with standard business and accounting practices
- One may start feeling stuck, but our experience is eventually learners will gain new insight.
- LIBRARY VIDEOS #s 1 through 6 include self-learning exercises
Auditmetrics AI Pro 7
- Designed to sample accounts involving millions of transactions
- Desinged for long term forecasting and market research
- Start with statistical audit to spot errors to strengthen internal controls
- Software documents adherence to both IRS and AICPA standards
- AI audit sample folds seamlessly into forecasting revenue and expenses
- The same sample can be used with federal and other data for market research
- It is an efficient fiscal expert system being used on laptops and servers
* Use menu bar for Microsoft Store laptop download. Contact support@auditmetrics.com about server download
Link to Pro V7 Quick Start
Springer Book Amazon:
Book & Software Primer:
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. A recent article by Gary Schoeniger in Forbes Small Business Newsletter: "Five Reasons Small Businesses Fail, And How To Avoid Them". One recommendation is:
DITCH THE BUSINESS PLAN
Schoeniger's statement is admittedly controversial 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. Successful entrepreneurs behave more like scientists searching for evidence of their ideas’ usefulness.