Boosting Financial Audits with AI: Insights from Auditors at Public Accounting Firms Affiliated with OAI Solusi Manajemen Nusantara

Abstract

The integration of artificial intelligence (AI) into auditing practices promises to revolutionize the profession by enhancing efficiency, accuracy, and insight. This study investigates AI's impact on 150 auditors from OAI Solusi Manajemen Nusantara member firms across Indonesia, utilizing a Google Form survey. AI automates tasks such as data collection, reconciliation, anomaly detection, and risk assessment, allowing auditors to focus on high-value activities like fraud detection and generating actionable insights. Continuous auditing enabled by AI ensures timely issue detection and resolution, improving transparency and stakeholder communication through more informative audit reports. Challenges include ensuring data quality and understanding AI model outputs, critical for auditors to effectively interpret and trust AI-driven recommendations.