AI in financial reporting and audit: Navigating the new era
Directors will need to embrace AI’s transformative power in financial reporting for enhanced decision-making and risk management.
Audit
Auditing is a vital aspect of governance, ensuring that an organisation’s financial and operational activities are accurate, transparent, and compliant with legal standards. Audits provide independent, objective assessments of financial statements, internal controls, and risk management processes, which help stakeholders maintain trust and confidence in an organisation’s integrity. The content on this page explores the role audits play in supporting effective governance practices by offering insights into audit processes, best practices, and how directors can use audit findings to improve decision-making, transparency, and accountability.
