AuditFile Brings The Power of AuditFile AI to Preparations, Compilations, Reviews, and Tax Engagements
Walnut Creek, CA - June 21, 2022 – AuditFile, Inc., developer of the award-winning cloud-based audit automation platform, today announced that a new product, AuditFile PCR+T, is available to all AuditFile users. AuditFile PCR+T is a new product from AuditFile that incorporates artificial intelligence and machine learning algorithms to help CPAs complete preparations, compilations, reviews, and tax engagements faster and with less risk.
In addition, AuditFile tax users can choose from several customizable templates for setting up their tax trial balance and managing tax processes when setting up a new client engagement. In the tax templates, the trial balance can be imported directly from the corresponding audit trial balance so that tax specific adjustments and tax groupings can be applied.
“Our goal is to deliver easy-to-use, cloud-based tools that give accounting professionals the flexibility to incorporate artificial intelligence seamlessly,” said Steven Bong, founder and Chief Executive Officer of AuditFile.
AuditFile is the only complete, cloud-based all-in-one engagement automation platform for public accounting professionals. Offered in three subscription options, AuditFile easily scales to meet the specific needs of firms of all sizes and specialties, and includes data storage, web training, and technical support in the subscription fee.
AuditFile was awarded patent 10,891,294 by the United States Patent and Trademark Office (USPTO) in January 2021.About AuditFile
Founded by CPAs in 2011, AuditFile, Inc. delivered the profession’s first completely cloud-based audit automation solution to help firms of all sizes perform audits more efficiently and effectively. AuditFile is designed to give auditors a simple, yet sophisticated solution that combines workpaper and trial balance management, audit workflow, and methodology in an open platform that easily integrates with the firm’s existing programs and technology environment. For more information, visit https://auditfile.com.