Spoiler alert- serious question haha.
At each of the big 4 firms, can someone tell me what the policy is in the audit practice when it comes to placing reliance on automation used in the performance of specific control attributes? Does it matter if the control is preparation vs. review? Does it matter if it’s SOX vs. not?
I’m trying to understand the implications of having AI perform a control instead of a person, and I’m trying to understand if the firms have a shared or opposing views. Thx!

funny
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You will need to inspect and gain reasonable assurance that the AI is configured correctly. Also who has access to modify the AI? How is change management for changes to AI tracked?

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All helpful points. Thanks. So you’re saying there’s a chance? Haha. Seems pretty challenging at this point to get those general controls around it, but of course that would need to come together. Appreciate your thoughts.

You are one step away from being automated away

That’s literally my question haha. If I can automate away a staff accountant, will I end up with a SOX or audit issue? 😂

This is a serious question. Sounds like you should discuss with the quality network, not anon fishbowl.

You’re right. I’ll delete this and write some unhinged post about my complaints on salary, benefits, how I can’t WFH enough, how my colleagues are secretly dating and hate me for being promoted faster than them, how the staff aren’t as smart as they used to be, how the partners are lazy leeches, how people with kids and dogs deserve the same benefits, and then we can all laugh at the same answers and head to the bar on time. Thanks for your help.

likefunnysmart

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