ALRAQABA . ISSUE 20 45 The Future of Auditing: Key to Sustain Auditing in the Age of Artificial Intelligence Abstract This article investigates the transformative potential of machine learning (ML) to revolutionize the auditing profession. By examining how ML algorithms can be applied to enhance audit quality, efficiency, and effectiveness, this article explores the benefits of automation, improved fraud detection, and enhanced risk assessment. While acknowledging the challenges associated with ML implementation, such as interpretability and accountability, the article emphasizes the importance of responsible adoption to maximize the technology›s potential and to ensure ethical and reliable outcomes. The findings highlight the transformative impact of ML on the auditing landscape and provide insights for auditors and organizations seeking to leverage this technology effectively. Introduction The auditing profession is facing a significant transformation driven by the ever-growing volume and complexity of financial data. Traditional audit methodologies struggle to keep pace with this data deluge, making it increasingly difficult for auditors to maintain the quality and effectiveness of their work. To address these challenges, the integration of artificial intelligence (AI), specifically machine learning (ML), emerges as a promising avenue for transforming the profession. This article explores the potential of ML to revolutionize audit practices. It explores how ML can be applied to various audit tasks, discusses the benefits and challenges of ML adoption, and examines the implications for auditors› roles. The author aims to provide insights into the responsible and effective integration of ML into the auditing profession. The Transformative Power of ML in Auditing ML offers a powerful toolkit for auditors, enabling them to analyze vast datasets, identify complex patterns, and make data-driven decisions. By processing massive amounts of data, ML can uncover hidden trends and anomalies that might elude human auditors. Its ability to predict future events, such Presented at the Virtual Seminar «The Next Generation of Supreme Audit Institutions: Looking Ahead» hosted by the Supreme Audit Institution (SAI) of Thailand, September 6, 2023. https://prezi.com/view/95j8cM8rcLfJ886D2W8L/ Dr. Meshari Al-Ebrahim Specialist Engineer, Technical Support Department Computers Audit and
RkJQdWJsaXNoZXIy Mjk0NA==