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Computer Assisted Transcription of Speech. Proceedings of the 3rd Iberian Conference on Pattern Recognition and Image Analysis, Volume 4477 of LNCS, 2007. pp. 241-248.Speech recognition systems have proved their usefulness in very different tasks. Nevertheless, the present state-of-the-art of the speech technologies does not make p ossible to achieve perfect transcriptions in most of the cases. Owing to this fact, human intervention is necessary to check and correct the results of such systems. We present a novel approach that faces this problem by combining the efficiency of the automatic speech recognition systems with the accuracy of the human transcriptor. The result of this process is a cost-effective perfect transcription of the input signal.