July 19, 2010 in News from Our Companies

AuditMyBooks Awarded NSF Grant

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AuditMyBooks, a business-to-business software company that automatically analyzes small and medium-sized business accounting records to detect accounting errors and fraud, recently announced that the National Science Foundation (NSF) awarded a $150,000 Phase I Small Business Innovation Research (SBIR) grant to assess the feasibility of predicting fraud in small businesses. This cutting-edge research will enable AuditMyBooks to extend its current Analyzer product line which automatically scans accounting systems to detect errors and fraud. The research proposal suggests that fraud prediction may be possible by analyzing small business financial data with advanced statistical analysis.

Designed to work with QuickBooks, the #1 small business financial software application in the United States, AuditMyBooks Analyzer products are available in the Intuit App Center.

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