Global companies increasingly use artificial intelligence to produce their financial statements and expect auditors to leverage the technology further to spot fraud and speed up their reviews, a new international survey shows.
The fast-evolving technology will help auditors predict trends and scan short-seller reports and consumer trends for market shifts and risks. “That’s where the additional rigor and the reliability and the quality is going to come in,” said Larry Bradley, global head of audit for KPMG International.
The Big Four firm released the results of its survey of 1,800 business leaders and corporate directors on …
