What is the future of internal auditing with AI?
The future of internal auditing is increasingly intertwined with AI technologies, enhancing efficiency and accuracy.
How will AI change the role of internal auditors?
AI will automate routine tasks, allowing auditors to focus on strategic analysis and risk management.
What are the potential risks of using AI in auditing?
Potential risks include data privacy concerns, reliance on algorithms, and the need for continuous oversight.
Can AI help in fraud detection?
Yes, AI can analyze large datasets to identify unusual patterns and anomalies indicative of fraud.
What skills will auditors need in the future?
Future auditors will need skills in data analytics, AI tools, and a strong understanding of technology.
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