We at the E&Y CARAT are developing this website as a resource center for accounting and auditing professionals. Our efforts include conducting basic research in audit technology from developing theoretical models for assessing various types of risk such as audit risk, fraud risk, auditor independence risk, information security risk, etc. under probability theory and Dempster-Shafer theory of belief Functions to developing intelligent agents named FRAANK (Financial Reporting and Auditing Agent with Net Knowledge) and SEEK-INF (Search Engine for Extracting Knowledge from Industrial Filings).


FRAANK fetches 10K and 10Q reports of public companies from the EDGAR database of the SEC (Securities and Exchange Commission) and parses financial and non-financial information. Under financial information, FRAANK isolates and parses BS, IS, and CF Statements and tags them using the XBRL 2.1 taxonomy (XBRL stands for Extensible Business Reporting Language. For more information about XBRL visit

Under non-financial information, FRAANK isolates, parses, Items in 10K, Auditor's Report, Client, Auditor, Date, Place and Type of Report, SOX 404 Report on internal control (both the management report and the auditor's report) and also identifies whether internal controls are effective or have material weaknesses.

Watch a video of FRAANK in action


SEEK-INF gathers information as desired by the user from any SEC filings such as 10K, 10Q, 8K, or DEF 14A. SEEK-INF can either be used to search individual companies or to trigger scripts which will search list of companies (based on the search criteria entered by the user).

Watch a video of SEEK-INF in action

30 Day Trial

If you are interested in obtaining a 30 day trial version of these tools, please contact Professor Rajendra Srivastava here. If you wish to read any of our publications in the audit technology area, please go to "Published Research Papers" in resources and down-load the article of your interest.

Please read the end user license agreement carefully before registering.


Software by Ettredge & Srivastava

If you want to download the digital software related to Ettredge and Srivastava paper in Issues in Accounting Education, please click here:

Software by Nigrini & Drake

For digital analysis by Nigrini and Drake, please click here: