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The Compliance Crisis: Why Traditional Auditing Can’t Keep Up—and What Needs to Change

  • In 2024, U.S. businesses faced over $14 billion in non-compliance costs, surpassing the cost of compliance itself.
  • Small and mid-sized businesses struggle with outdated auditing systems, leading to potential legal risks and economic liabilities.
  • AuditFlow Academy & Solutions, led by Hammad Ahmad, aims to modernize financial oversight through intelligent automation and AI.
  • The platform will offer real-time monitoring, blockchain technology for audit trails, and tools to help SMEs meet regulatory standards cost-effectively.

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