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How EY can Help
In FY18, the solution was tested on about 20 engagements, and is expected to expand to 100 engagements in FY19. As it is used on more engagements, its detection methods become more informed and accurate by auditors’ responses to its decision-making.
The team is also on a path of constant improvement. They’re invigorated with a pioneering spirit, excited to develop and test new functionalities of the tool each day. They’re working closely with the EY Professional Practice Group to incorporate the latest insights, knowledge and proven experience in accounting fraud and audit methodology to improve Helix GLAD’s effectiveness. The team is also working to globally expand usage of the tool to create higher quality audits beyond Japan and across the entire EY Assurance service line.
Through relentless inventiveness, Naoto and the team have introduced a new technology to not only the EY organization, but the wider auditing field with transformational potential.