Glossary of Terms
TermsDefinitionAmerican Institute of Certified Public Accountants (AICPA)The American Institute of Certified Public Accountants (AICPA) is a non-profit professional organization representing certified public accountants (CPA) in the United States. The organization is integral to rule-making and standard-setting in the CPA profession and serves as an advocate for legislative bodies and public interest groups.Anomaly DetectionAnomaly detection is the identification of rare items, events or observations which raise suspicions by differing significantly from the majority of the data.Artificial intelligenceArtificial intelligence leverages computers and machines to mimic the problem-solving and decision-making capabilities of the human mind.AuditsAuditing is defined as the on-site verification...