15min chapter

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Ep 222: The Best Advice about AI

The Audit Podcast

CHAPTER

Navigating AI and Inflation in Corporate Finance

This chapter explores the intersection of artificial intelligence and inflation within the realm of corporate finance, highlighting the pivotal role CFOs play in addressing these challenges. It emphasizes the need for auditors to adapt to evolving risks, particularly concerning fraud and data integrity, while integrating enhanced analytics into their practices. Additionally, the chapter discusses the importance of understanding data systems and generative AI, stressing that while auditors do not need to be AI experts, a solid grasp of data proficiency is essential for effective auditing.

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