KNOWLEDGE-BASED DECISION SUPPORT SYSTEM FOR ACCOUNTING AUDITORS

AUDITCHECK is a statistical based hybrid ''neural network'' microcomputer system used to analyze the financial statements of firms being audited. Anomalies that are normally undiscernible without extensive field work are identified by models that detect both logical and statistical inconsistencies among income and balance sheet accounts. For each of the major financial statements of the firm, its output includes a measure of the likelihood of a misstatement. It produces a measure of the likelihood of a misstatement in the financial account as well as an explanation of the logic underlying its assessment. AUDITCHECK it is being used by field auditors of a ''Big Six'' accounting firm which has requested that its name be withheld from publication for competitive reasons.