Publication Date
4-22-2024
School
School of Business
Major
Accounting
Keywords
Auditing, Artificial Intelligence, Junior Auditor
Disciplines
Accounting | Business Intelligence
Recommended Citation
Ragasajo, Kaye, "The Implications of Artificial Intelligence on Junior Auditors" (2024). Senior Honors Theses. 1369.
https://digitalcommons.liberty.edu/honors/1369
Abstract
The aim of this paper is to explore the evolving intersection of financial statement auditing and artificial intelligence (AI). A timeline of AI adoption in auditing is traced, detailing its impact on audit processes and the contemporary role of junior auditors. Challenges faced by junior auditors are identified, with an emphasis on the potential benefits and ethical concerns surrounding AI integration. Recommendations for adapting to AI's emergence and addressing challenges are provided. The analysis underscores the need for industry-wide collaboration, regulatory adjustments, and the cultivation of digital ethics. As AI continues to reshape auditing, future trends expected within the profession include the importance of Explainable AI and digital ethics.
