Claude + Excel Just Changed Auditing Forever! (Tutorial)

Maksims Sics · Beginner ·💻 AI-Assisted Coding ·1mo ago

Key Takeaways

Demonstrates using Claude with Excel for auditing tasks, such as running ISA procedures

Original Description

AI for auditing, tested on real audit work - I hand Claude a general ledger and 76 invoices and run 3 ISA procedures in 16 minutes. If you're an auditor, an accountant, or you sign off on the audit fees, this is how AI for auditing actually changes the engagement. I'm a finance consultant by background, so I built this case on realistic books - a cable-and-connector distributor doing around €9M in revenue — and ran the exact procedures ISA requires on every engagement. What you'll learn: • How Claude runs ISA 240 journal entry testing - flagging weekend entries, round amounts, unapproved postings, and terminated-employee access • How to test revenue cutoff across 76 invoices without opening a single PDF by hand (it found a €95,000 overstatement) • How analytical review works when Claude compares this year vs last and explains every ratio that moved more than 10% • Why receivables up 85.5% and inventory up 53.7% against 15% revenue growth is the classic profile worth the most scrutiny • What AI changes about audit cost structure - and what it absolutely does not replace ⏱️Timestamps: 0:00 Auditing Changes Forever - INTRO 1:28 Demo #1 Finding Suspicious transactions 6:00 Demo #2 Revenue cutoff 10:07 Demo #3 Financial Analysis 15:09 Final Thoughts Need help wiring this up on real client files? 📧Email us: info@flowbyte.ai Subscribe for weekly AI & automation tutorials → https://www.youtube.com/@MaksimsSics Connect on LinkedIn: https://www.linkedin.com/in/maksims-sics/ #AIforBusiness #AIAutomation #AIforAuditing #ClaudeAI #AITools
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Chapters (5)

Auditing Changes Forever - INTRO
1:28 Demo #1 Finding Suspicious transactions
6:00 Demo #2 Revenue cutoff
10:07 Demo #3 Financial Analysis
15:09 Final Thoughts
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