At the Every Auditor Proud Day event, CPA Australia CEO Chris Freeland discussed the role of artificial intelligence (AI) in auditing. With AI being utilised for financial tasks, auditors are adapting their roles to provide assurance over these new technologies. The integration of AI in business processes such as annual report preparation and compliance management has not replaced the need for auditors. Instead, it has broadened their responsibilities, Freeland noted. Auditors now evaluate not only the ...