Key Considerations for Financial Statement Auditors Before Leveraging Artificial Intelligence in Their Audits

Document Type

Article

Publication Title

Today's CPA

Abstract

There is a growing role for generative AI tools to be used in financial statement audits. The tools offer numerous advantages, including enhanced data analysis, continuous learning, predictive insights, audit automation, and cost savings. However, challenges remain, such as data privacy risks, bias in training data and the inability to verify source data. Learn more in this article.

Publication Date

6-2025

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