[briandear]

Sounds like there is the opportunity. An ERP that can eliminate the need for auditors. Then it won’t matter what the auditors think. Auditing isn’t some black magic. It’s a set of rules. Rules a machine can follow.

[hef19898]

A machine controlled by the audited company. Audits are there to minimize the risk of companies cooking the books.

You never went through an audit, did you?

[tolien]

> A machine controlled by the audited company. Audits are there to minimize the risk of companies cooking the books

Sounds like the pitch Fujitsu made to the Post Office for Horizon. That worked out so well!

[hef19898]

Rounding errors, simple rounding errors. Nothing to see here.

[lelanthran]

> Sounds like there is the opportunity. An ERP that can eliminate the need for auditors.

You cannot eliminate the need for auditors - the need is for someone to go through the system and make sure that no one is cooking the books.

Hence, an independent third party does the audit.

[skeeter2020]

"Auditing isn’t some black magic. It’s a set of rules"

This is not true. Auditing is half assurance and half insurance. It has nothing to do with the actual results of a bunch of rules and checks.