Case Study: K·Coe Isom achieves deeper audit insights and risk detection with MindBridge

K·Coe Isom - Customer Case Study

K·Coe Isom, an accounting firm focused on the agriculture and food industry, sought to move beyond compliance-based auditing to become stronger business advisors for its clients. Their challenge was to build additional value on top of their regular annual work by understanding risk across all transactions and moving past traditional testing methods. To achieve this, they partnered with vendor MindBridge and implemented its AI Auditor platform.

The MindBridge AI solution analyzed 100% of a client's transactions instead of a manual sample, providing new insights and identifying unusual items. This led to the discovery of an underreported liability and an undisclosed distribution that would have been missed traditionally. These findings allowed K·Coe Isom to provide significant value to their client, who then changed internal procedures to prevent future errors. MindBridge also enabled advanced reasonableness testing by correlating financial data with market pricing trends.

K·Coe Isom