Artificial Intelligence and the Disruption of the Audit Profession

The chapter discusses the potential disruption that artificial intelligence (AI) can bring to the audit profession, highlighting the automation of repetitive tasks. It explores the impact of AI on big consulting firms, the talent shortage in the profession, and the need for accountants to adapt to the changing landscape. The chapter also explores the hope for young auditors to work in industry and help small businesses, the use of AI in troubleshooting and automating client accounting services, and the potential future advancements in the industry.