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This is a research paper which makes up the entire grade of my class. I have already been assigned the topic of “Artificial Intelligence in Accounting (Specifically Auditing)”
Here is a bunch of questions provided by my professor I am supposed to use when researching AI
What are the types of AI? Machine Learning, Machine Intelligence? RPA? Intelligence Automation?
Software companies currently selling AI software
What software is the big 4 using?
Can it be used in Compliance and substantive testing?
Can it be used in Internal Audit?
What percentage of clients in the big 4 are they using AI software with
Where are you going to get info about cost savings?
Are there other companies with similar software- who are the companies – what firms are using what software? Do they have inhouse software as well
How reliable is the software
How much additional work is required once the software flags items for investigation
Cost vs benefit of using AI
Is AI software being used on all audits or only large fortune 500 or 1000 companies
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