AI has arrived in auditing. Are regulators ready?
The technology is already leading to rapid changes in the way company accounts are reviewed
The technology is already leading to rapid changes in the way company accounts are reviewed

Financial Reporting Council finds some auditors also lacked performance indicators for automated tools used

Financial Reporting Council issues guidance stressing need for human oversight

Competing visions on the next big technological revolution are discombobulating markets

Modern-day Luddites are gaining ground because tech titans haven’t shown people how innovation will improve their lives

Recruiting digital natives with critical thinking skills is going to be crucial

Pace of change requires ‘different relationship between regulator and regulated’, Nikhil Rathi tells FT conference