Caseware, an AI platform for assurance and financial reporting, has launched its Verity-powered Risk Suggestion Agent worldwide, providing auditors with use engagement data and supporting documents to develop a stronger starting point for risk assessment.
Announced at CwX London 2026 at County Hall, the agent draws on current and prior-year financial information, existing risks, controls, and selected documents to suggest engagement-specific risks for auditors to review. It’s included at no additional cost within a firm’s existing Caseware Verity license.
Caseware Verity’s Risk Suggestion Agent gives audit teams a starting point for engagement risk assessment, without ever taking the decision out of their hands.
Rather than beginning each engagement’s risk assessment from a blank page, auditors can now gain access to a considered set of risks grounded in the engagement’s own context, Caseware says.
“The result is a meaningful reduction in the time and effort required to produce a strong first draft, allowing audit teams to direct more of their attention toward the professional judgment that risk assessment ultimately depends on,” the company said in a media release on Oct. 6. “That judgment remains squarely with the auditor throughout: every suggestion Verity produces is a draft for independent review, and none can be accepted, edited, or incorporated into the engagement without an explicit decision by the practitioner.”
The feature reflects the same governance standard applied across the Verity platform, operating entirely within a firm’s own Caseware environment, with engagement data never used to train AI models.
Tricia Katebini, Partner in GRF CPAs & Advisors said, “Risk assessment is one of the most important parts of an engagement, and it can also be incredibly time-consuming. Caseware’s Risk Suggestion Agent gives our teams a strong starting point, helping us identify and consider relevant risks more efficiently while keeping professional judgment at the center of the process. That time savings allows us to spend more time on the testing, follow-up, and deeper analysis of the risks we identify.”
“Today, we are … giving global audiences their first look at the Risk Suggestion Agent as we continue to deliver efficiencies by operating Caseware Verity directly in the engagement,” Caseware CEO David Marquis said in a statement on Oct. 6. “Caseware Verity sits inside the workflow our customers already trust, saves reviewers real time, and leaves the final judgement exactly where it belongs—with the auditor. We’re proud to continue our legacy of innovation by expanding the agentic platform behind that work.”
More information about the Risk Suggestion Agent can be found here.
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Tags: ai agents, Artificial Intelligence, audit, Auditing, auditors, Caseware, Technology
