Fieldguide Launches AI-Powered Audit Testing Agent to Transform Financial Audits

Fieldguide Launches AI-Powered Audit Testing Agent to Transform Financial Audits

Fieldguide, the AI-first platform for audit and advisory firms, has officially launched Field Agents for Financial Audit, a suite of enterprise-grade tools headlined by the Audit Testing Agent—a purpose-built automation tool for one of auditing’s most labor-intensive phases: testing.

This release comes at a critical inflection point for the profession, as mounting audit demand meets an accelerating talent shortage. Between 2016 and 2023, the number of CPA exam candidates dropped 37%, and undergraduate accounting enrollment declined more than 20% since 2018, according to the AICPA.

“We’re providing agentic AI that automates the most labor-intensive aspects of audit testing, enabling firms to execute high quality audits, faster,”
Jin Chang, CEO & Co-founder, Fieldguide

Audit Testing Agent: Up to 70% of Testing Now Automated

Fieldguide’s Audit Testing Agent automates the full spectrum of the audit testing workflow:

  • Matching evidence to samples
  • Extracting key data from documents
  • Validating entries
  • Annotating and documenting test results

This translates to weeks of manual effort completed in hours, freeing auditors to focus on professional judgment and higher-value activities.

Key Audit Areas Covered:

  • Revenue Cut-Off
  • Expense Verification
  • Unrecorded Liabilities
  • Fixed Asset Additions

Efficiency impact: Up to 70% automation of test procedures
Time savings: ~30% reduction in overall audit hours
Scalability: Increased audit capacity without headcount growth

Modernizing an Outdated Industry with Agentic AI

The launch strengthens Fieldguide’s leadership in transforming legacy audit technology stacks with purpose-built, workflow-integrated AI. By embedding intelligent agents directly into audit execution, firms can reduce dependency on disconnected tools while gaining:

  • Improved documentation quality
  • Real-time collaboration
  • End-to-end audit visibility
  • Enhanced client trust

Fieldguide’s agentic AI stands apart by bridging the AI “promise-to-practice” gap, offering enterprise-ready solutions that are immediately impactful, compliant, and scalable.

See It Live: AICPA Engage 2025

Field Agents for Financial Audit will be showcased at AICPA Engage 2025, booth 1010, from June 9–11. Attendees will get a first-hand look at how Fieldguide is helping firms future-proof their operations and lead with confidence in a talent-constrained environment.

Explore how cutting-edge audit automation is redefining the profession. Follow GlobalFinTechEdge for the latest in AI-powered accounting and assurance innovation.

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