From random picks to targeted insights: AI’s role in better audit sampling. Sampling is a fundamental element of financial auditing. Traditionally, auditors rely on sampling techniques to test and verify large volumes of...
Tag - AI
ChatGPT o1 represents such a leap forward that OpenAI have reset the counter back to 1 OpenAI just released its latest update— ChatGPT o1 (codename ‘Strawberry’)—and it’s not just a minor upgrade. This new o1...
Is AI just as susceptible to bias as humans? Artificial Intelligence is often touted as the ultimate problem-solver, capable of crunching numbers, spotting trends, and making decisions faster than any human could. But what if...
Can AI help auditors delve deeper in to the finances of organisations and gain greater assurance? The expectation gap is the difference between what auditors do; and what the public thinks auditors do. The public often...