KPMG Joins MindBridge in Global Launch of AI-Assisted Audit Tech

KPMG is incorporating MindBridge’s artificial intelligence technology into its global audit platform, the Big Four firm said Sunday.

The two firms are rolling out MindBridge’s advanced statistical, machine learning, and rules-based analytics technology within KPMG’s Clara smart audit platform, KPMG in Canada and MindBridge said. Terms of the arrangement weren’t disclosed.

The two Canada-based organizations, which have been collaborating on the project for several years, said the technology would allow for “the identification of unexpected or high-risk transactions and providing enhanced audit quality and public trust.”

“Through the alliance, KPMG auditors will benefit ...