Audit Preparation

Deloitte’s AI-Enabled Audit Support Orchestration Solution helps redefine how organizations manage and execute audit support activities, transforming a traditionally manual, fragmented, and time-consuming process into an automated, and intelligent workflow. AI agents then catalog all required documents, mapping them to appropriate sources and process owners, while also suggesting reusable items from prior year audits to improve efficiency. Sample selection is fully automated, with AI applying auditor criteria, risk factors, and materiality thresholds to select representative transaction samples using both rules-based and randomized approaches. For evidence gathering, the solution retrieves supporting documentation—such as invoices, contracts, and approvals—directly from multiple systems, eliminating manual retrieval and reducing delays. Control documentation is compiled and maintained in a centralized, version-controlled library, confirming that evidence of control performance and testing is audit-ready and up to date. The platform generates audit-ready reconciliations and roll-forwards with automatic tie-outs, reducing manual spreadsheet work and the risk of errors. Analytical schedules and trend analyses are produced by AI, complete with variance explanations and benchmarking against historical and industry data, providing auditors with deeper insights. Audit evidence is then auto-organized into auditor-required folder structures, with proper naming conventions and cross-referencing, streamlining the review process. The solution continuously tracks the completeness of all requested items, alerting teams to missing documents or outstanding follow-ups to help ensure nothing is overlooked. When it’s time to provide evidence to auditors, AI manages secure uploads to auditor portals, handling file compression and compliance with security requirements. Query management is streamlined as AI tracks auditor follow-up questions, manages response workflows, and even suggests answers based on prior audits to accelerate resolution. Finally, all audit files and correspondence are archived in a searchable, compliance-ready repository, with retention policies automatically enforced for regulatory and internal requirements. This professional service utilizes Amazon Bedrock, Bedrock Agents, Strands Agents, Lambda and OpenSearch.