The Role of Artificial Intelligence in Auditing: Current Applications and Future Prospects

The Role of Artificial Intelligence in Auditing: Current Applications and Future Prospects

Registration ID: IJNRD_220655

Published ID: IJNRDTH00148

DOI: Click Here to Get

Harshini Srinivas , Vidyashree C

Keywords: Artificial Intelligence, Auditing, Current Applications, Future Prospects, Audit Quality, Efficiency, Role of Auditors.

Abstract Artificial Intelligence (AI) is reshaping the landscape of auditing, offering new avenues for improving efficiency, accuracy, and effectiveness. This study delves into the current applications and future prospects of AI in auditing, focusing on its impact on audit quality and the evolving role of auditors. AI is currently employed in auditing to automate repetitive tasks, process vast amounts of data rapidly, and identify patterns that may indicate errors or fraud. These capabilities have significantly enhanced audit quality by enabling auditors to conduct more thorough and comprehensive audits. Additionally, AI facilitates continuous auditing by providing real-time analysis of financial transactions, enabling auditors to identify and address issues promptly. Looking ahead, the future of AI in auditing holds great promise. Advancements in AI technologies, including machine learning and natural language processing, are expected to further revolutionize audit processes. AI-driven tools will become more sophisticated, allowing auditors to analyze complex data sets more effectively and detect subtle patterns that may signal irregularities. In conclusion, AI has the potential to transform auditing practices, enhancing audit quality, efficiency, and the role of auditors. By embracing AI technologies and adapting to the changing audit landscape, auditors can position themselves for success in the future of auditing.

Published Paper   E-Certificate

"The Role of Artificial Intelligence in Auditing: Current Applications and Future Prospects", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 5, page no.572-617, May-2024, Available :https://ijnrd.org/papers/IJNRDTH00148.pdf

Volume 9 Issue 5, May-2024

Pages : 572-617

Paper Reg. ID: IJNRD_220655

Published Paper Id: IJNRDTH00148

Downloads: 000121404

Research Area: Commerce

Country: Bengaluru, Karnataka, India

Published Paper PDF: https://ijnrd.org/papers/IJNRDTH00148.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRDTH00148

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition

Call For Paper - Volume 10 | Issue 8 | August 2025

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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to explore advances in research pertaining to applied, theoretical and experimental Technological studies. The goal is to promote scientific information interchange between researchers, developers, engineers, students, and practitioners working in and around the world. IJNRD will provide an opportunity for practitioners and educators of engineering field to exchange research evidence, models of best practice and innovative ideas.

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