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Impact of AI & Automation on Financial Auditing

Jenitha John, a globally recognized finance leader, has 28 years of experience in auditing, risk management, and governance. As the former Global Chairman of the Institute of Internal Auditors (IIA), she advocates for AI and automation in financial auditing, emphasizing their role in enhancing efficiency, accuracy, and compliance while ensuring responsible adoption.

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Impact of AI & Automation on Financial Auditing

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  1. Impact of AI and Automation on Financial Auditing Insights from Jenitha John

  2. The Rise of AI in Financial Auditing • AI enhances fraud detection and compliance monitoring. • Machine learning identifies risks and unusual financial patterns. • AI tools analyze large data sets in real-time. • Supports auditors by providing deep analytical insights. Jenitha John and GRM Institute

  3. Role of Automation in Auditing • AI and human auditors will collaborate for better decision-making. • AI enhances financial integrity and governance practices. • Strategic AI adoption will improve audit efficiency. • Responsible use of AI ensures trust in financial auditing. Jenitha John and Oversight Advisory

  4. AI in Risk Management & Compliance • AI-driven monitoring ensures regulatory compliance. • Helps organizations proactively manage financial risks. • Provides real-time compliance tracking and alerts. • Enhances internal controls and governance frameworks. Jenitha John and internal auditor

  5. Challenges & Ethical Considerations • Transparency and accountability in AI models. • Risk of algorithmic bias affecting financial assessments. • AI should assist, not replace, human auditors. • Ethical concerns regarding data privacy and security. Recommended: Jenitha John and IIA

  6. The Future of Auditing • AI and human auditors will collaborate for better decision-making. • AI enhances financial integrity and governance practices. • Strategic AI adoption will improve audit efficiency. • Responsible use of AI ensures trust in financial auditing.

  7. About Jenitha John Jenitha John, a globally recognized finance leader, has 28 years of experience in auditing, risk management, and governance. As the former Global Chairman of the Institute of Internal Auditors (IIA), she advocates for AI and automation in financial auditing, emphasizing their role in enhancing efficiency, accuracy, and compliance while ensuring responsible adoption.

  8. Jenitha John’s Perspective Jenitha John’s contributions to financial auditing, governance, and risk management continue to shape the industry. Her insights into AI and automation inspire professionals worldwide to adopt ethical auditing practices. Explore these resources to learn more about her impact. Jenitha John on Youtube Jenitha John on X More on Jenitha John Latest: Jenitha John News, Jenitha John Press Release

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