Marcum’s new audit analytics product

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According to Accounting Today, Marcum’s technology arm has released a new data analytics product for audits.

Questions:

  1. What is the product called?
  2. How will it help auditors? Give examples.
  3. How can it help clients? Give examples.
  4. Will it eliminate the need for auditors or accountants? Explain its costs/benefits for future firm interactions.

Source:

Arrowsmith, R. (2021) Marcum Technology introduces audit analytics product. Accounting Today, August 27 (Retrievable online at https://www.accountingtoday.com/news/marcum-technology-introduces-audit-analytics-product)