The Emergence of Artificial Intelligence in Auditing: Opportunities and Challenges

Abstract: Artificial Intelligence (AI) has emerged as a transformative technology with significant potential to revolutionize various industries, including auditing. With the increasing complexity of business operations and the growing volume of data, traditional auditing methods are facing challenges in keeping pace with the dynamic business environment. This has created a need for advanced tools and techniques that can enhance the efficiency, accuracy, and effectiveness of auditing processes. With its ability to process large volumes of data, identify patterns, and make intelligent decisions, AI holds great promise for improving auditing practices. This paper presents an overview of the introduction of AI in auditing, discussing its potential benefits, challenges, and implications for auditors and the profession as a whole.

Keywords: Artificial Intelligence, Auditing, Benefits, Challenges, Auditors.

Title: The Emergence of Artificial Intelligence in Auditing: Opportunities and Challenges

Author: Dr. Hena Naaz

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 11, Issue 1, April 2023 - September 2023

Page No: 252-257

Research Publish Journals

Website: www.researchpublish.com

Published Date: 24-June-2023

DOI: https://doi.org/10.5281/zenodo.8076795

Paper Download Link (Source)

https://www.researchpublish.com/papers/the-emergence-of-artificial-intelligence-in-auditing-opportunities-and-challenges