An Examination of the Possible Application of Artificial Intelligence Audit Process in Organizations

This study investigates how artificial intelligence (AI) can transform audit processes, including how AI can be used in businesses to execute non-technical audit tasks and what effect this will have on those tasks. A qualitative case study methodology is used in the research design to give detailed insights into how AI is being adopted by businesses. This study aims to analyze the aspects that impact AI implementation from the viewpoints of managers, auditors, and other stakeholders. The findings show that artificial intelligence (AI) has a great deal of promise for non-technical audit procedures in businesses. AI can automate tedious jobs, evaluate large data sets to identify hazards and enhance teamwork and communication. These developments may lead to increased productivity, maybe better audit quality, and more effective processes. But there are still difficulties. Data quality is essential to the success of AI integration, and auditors may exhibit bias in favor of human professionals. Careful thought must also be given to ethical issues about transparency and possible job displacement. All things considered, this study adds significant knowledge to both the academic literature and real-world auditing applications. It improves our comprehension of the function of AI in the industry and provides useful information for people involved in information technology development, audit, and legislation.

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Publication Details

Published
2024-11-29
DOI
https://doi.org/10.1109/icoris63540.2024.10903858
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
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article

An Examination of the Possible Application of Artificial Intelligence Audit Process in Organizations

Wahyu Sardjono, Dewi Sagita Pranata, Muhammad Isamesal
Impact of AI and Big Data on Business and Society
article

An Examination of the Possible Application of Artificial Intelligence Audit Process in Organizations

Wahyu Sardjono, Dewi Sagita Pranata, Muhammad Isamesal
article en

Abstract

This study investigates how artificial intelligence (AI) can transform audit processes, including how AI can be used in businesses to execute non-technical audit tasks and what effect this will have on those tasks. A qualitative case study methodology is used in the research design to give detailed insights into how AI is being adopted by businesses. This study aims to analyze the aspects that impact AI implementation from the viewpoints of managers, auditors, and other stakeholders. The findings show that artificial intelligence (AI) has a great deal of promise for non-technical audit procedures in businesses. AI can automate tedious jobs, evaluate large data sets to identify hazards and enhance teamwork and communication. These developments may lead to increased productivity, maybe better audit quality, and more effective processes. But there are still difficulties. Data quality is essential to the success of AI integration, and auditors may exhibit bias in favor of human professionals. Careful thought must also be given to ethical issues about transparency and possible job displacement. All things considered, this study adds significant knowledge to both the academic literature and real-world auditing applications. It improves our comprehension of the function of AI in the industry and provides useful information for people involved in information technology development, audit, and legislation.

Binus University (ID), King's College London (GB), Universitas Airlangga (ID)
Openalex Percentile: Top 66%
Impact of AI and Big Data on Business and Society
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An Examination of the Possible Application of Artificial Intelligence Audit Process in Organizations — Wahyu Sardjono, Dewi Sagita Pranata, et al. · (2024) | TGRS Research Map | TGRS