How AI is changing the role of auditors

We know that AI is changing how audit work is performed.

However, it is not replacing the need for professional judgement.

This episode examines what responsible AI adoption means for auditors, accounting firms and the wider profession.

The discussion also considers how firms can build the governance, skills and culture needed to adopt AI effectively.

Listeners will learn:

Why adopting AI requires professionals to both adapt and develop new skills

Why industry knowledge and human judgement remain central to audit

How audit teams may evolve as data analytics and technology skills become more important

Why regulators, professionals and technology providers need to work together

How complacency, rather than AI itself, could pose a greater risk to the profession

Why it matters to clearly communicate AI's role to clients, teams and stakeholders

Host: Gavan Ord, business investment and international lead, CPA Australia