Audit partners concerned about AI risks - Accounting Today

The survey, reported by Accounting Today, indicates that AI investment remains a key priority for companies despite these concerns.

The results show that partners perceive technology disruption and competitive pressures from AI as significant threats to their professional environment. At the same time, companies continue to prioritize investment in AI technologies, suggesting a tension between risk awareness and business strategy.

The findings highlight the dual challenge facing the audit profession: managing the risks posed by AI while also keeping pace with client adoption of the technology. The survey did not specify exact percentages or rankings, but the qualitative assessment points to growing unease among auditors about the impact of AI on their work and the broader business landscape.