Digital Transformation of Auditing: DFKI, Audicon and Four Renowned Law Firms Establish Competence Center

Audicon GmbH, together with the German Research Center for Artificial Intelligence (DFKI) and four well-known auditing firms, has founded a Competence Center for the Digital Transformation of Auditing. In October 2021, the CCAT launched its first project to support the auditing process with the help of artificial intelligence (AI).

In successful digitization projects, people and audit methodology play crucial roles alongside technology. CCAT will therefore focus on the topics of people and methodology in addition to the technological aspects of transformation. In particular, projects will further develop the integration of data analysis into the auditing process and the development of innovative forms of work.

"We are pleased to be part of this innovative initiative. Based on the results, we will expand our offering for the digitalization of law firms and make an important contribution to the future competitiveness of medium-sized businesses," says Axel Zimmermann. "We can't wait to take the profession to the next level of digitalization with the participation of more law firms."


About Audicon
Audicon GmbH is the leading provider of software, methodological and professional expertise, and services related to audit, risk and compliance. Its solutions are aimed at auditors and tax consultants, compliance and risk managers, as well as auditors and accountants/treasurers.

About DFKI
The German Research Center for Artificial Intelligence GmbH (DFKI) was founded in 1988 as a public-private partnership (PPP). It combines scientific excellence and business-related value creation with social appreciation. DFKI has been researching AI for humans for more than 30 years and is oriented towards social relevance and scientific excellence in the crucial future-oriented research and application areas of artificial intelligence.
 

About the participating law firms 

BANSBACH has been serving medium-sized businesses for over 90 years. The company's range of services includes auditing and tax consulting as well as legal, corporate finance and management consulting. At 10 locations throughout Germany, around 400 employees serve clients of various legal forms and industries, from private individuals to major international corporations. As a co-founder of KRESTON GLOBAL, one of the world's largest networks of independent auditors and tax consultants with offices in over 120 countries, BANSBACH advises clients worldwide on international issues.

Ebner Stolz is one of the largest independent medium-sized auditing and consulting firms in Germany and ranks among the top ten in the industry. The company has decades of in-depth experience in auditing, tax consulting, legal advice and business consulting. This broad spectrum is offered by over 1,800 employees in the typical multidisciplinary approach in all major German cities and business centers. As a market leader in the SME sector, the company mainly serves medium-sized industrial, commercial and service companies of all sectors and sizes.

Since its foundation in 1979, Peters, Schönberger & Partner (PSP Munich) has developed into a comprehensive service provider in the fields of legal advice, auditing, tax consultancy and family office. PSP Munich advises medium-sized and international companies, family businesses, foundations and non-profit organizations, private individuals as well as private equity companies in all legal, tax and business management matters.

RSM GmbH is one of the ten largest medium-sized auditing and tax consulting firms in Germany, independent and partner-managed. The approximately 700 employees, including more than 200 auditors, tax advisors and attorneys, serve primarily medium-sized companies from 17 locations in matters of auditing, tax consulting, transaction, corporate and legal advice. RSM GmbH also advises its clients worldwide in the RSM network with more than 48,000 employees in 820 offices in over 120 countries.


For further information, please contact:

Audicon GmbH Phone +49 211 5 20 59-438
Antje Blum Fax +49 211 5 20 59-445
Toulouser Allee 19a E-mail: presse@audicon.net
40211 Düsseldorf Internet: www.audicon.net/pressebereich

Audicon GmbH is the leading provider of software solutions, methodical and technical know-how as well as services around audit, risk and compliance. The solutions are aimed at auditors and tax consultants, compliance and risk managers as well as auditors and accountants/treasurers. All of the auditing firms named in the 2021 Lünendonk® lists, as well as the Big Four, rely on Audicon software solutions such as the IDEA data analysis solution or the AuditSolutions software solution to optimize their auditing process. Likewise, more than 90 of the 120 German companies with the highest turnover rely on solutions from the company. In the field of municipal auditing, Audicon has been supporting auditors and treasurers in auditing double-entry annual financial statements for over ten years. Users of Audicon software solutions also include more than 30,000 customs and tax auditors. Since 2002, they have been using the Audicon products IDEA and AIS TaxAudit Professional/App TaxAudit Professional as the official data analysis software of the tax authorities for digital tax audits. The software is also used abroad: with the Big Four, the world's four largest auditing companies also rely on Audicon solutions.
 

Share this post:

Contact:

German Research Center for Artificial Intelligence
Deutsches Forschungszentrum für Künstliche Intelligenz