Engine B, an AI-driven audit technology company, has announced the appointment of Franki Hackett as its new head of Audit and Ethics.
Hackett brings a wealth of experience to the role, which she gained from designing and implementing next-generation data technologies into audit and assurance. She also has an academic background in critical accounting, audit ethics and tax transparency.
She joins Engine B from the UK National Audit Office, where she was head of Financial Audit Analytics, managing the data analytics team for the financial audit side of the business. She project-managed the build of the office’s cloud data storage platform and was responsible for managing a team of data scientists, planning analytics, collaborating on the office’s data and digital strategy, and maintaining the quality of the code performed.
She has recently returned from an international academic secondment where she worked on the accessibility of transnational corporate tax data.
In her new role, Hackett will be responsible for maintaining ethical standards internally, keeping the company on track to drive futureproof and ethical change in the audit market, and ensuring its tools meet the “rigorous” standards of compliance needed to deliver assurance and trust.
She will also oversee a programme of research into experimental technologies, making sure Engine B continues “pushing the boundary of what’s possible in audit”.
Franki Hackett, head of Audit and Ethics, Engine B said: “I’m delighted to join Engine B at an exciting time in the company’s journey. The Engine B consortium includes deeply experienced professionals who are already building the new products and platforms that the audit industry needs to regain its success and relevance in the long term. I cannot wait to get started.”
Shamus Rae, founder and CEO, Engine B said: “We are hugely excited to have Franki onboard. Her involvement will be invaluable as we forge ahead and co-create solutions that will positively disrupt and transform financial services.”
Engine B was founded in 2019, in partnership with the Institute of Chartered Accountants in England and Wales (ICAEW), as a “direct response to the strong appetite for change within professional services.”
The group is rapidly building next-generation data and AI products for the audit, tax and legal sectors. Its consortium comprises 13 audit firms, four academic institutions and one technology house.