KPMG’s AI in Financial Reporting and Audit highlights a shift from the digital to the AI era, with 1,800 financial leaders expecting smarter, faster, and more predictive reporting and auditing. AI enhances anomaly detection, insight generation, and risk control, but concerns around accuracy and security persist. Companies expect auditors to lead AI adoption, ensuring responsible use through governance and assurance. KPMG’s Trusted AI Approach emphasizes ethics, transparency, and accountability. As audits become more real-time and AI-enabled, KPMG is investing in tools and training to meet rising expectations and transform the audit experience.

Join for free to read