The capabilities of AI are continuing to garner interest and high expectations for the financial reporting function.
As entities embrace the power of AI, the integration of this technology into financial reporting processes has emerged as a critical consideration for entities seeking to stay ahead in today’s rapidly evolving business landscape.
This Hot Topic focuses on Artificial Intelligence (AI) and provides an overview of terminology and broad considerations related to the identification and understanding of the potential use of AI within an entity’s financial reporting processes; and contains considerations such as highlighting where processes or controls are required when implementing AI.
Read the full Hot Topic: Artificial Intelligence in financial reporting.
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Full Hot TopicUnlocking AI Opportunities Starts with Instilling Trust in the Tech
AI technology comes with great promise and can be a major driver of innovation in the finance function.