Artificial Intelligence (AI) in Financial Audit Services as Peril or Prize: Case Study in one of the Big Four Accounting Firm in Surabaya
Dublin Core
Title
Artificial Intelligence (AI) in Financial Audit Services as Peril or Prize: Case Study in one of the Big Four Accounting Firm in Surabaya
Creator
Wiyono Pontjoharyo, Marcelino
Proceedings Item Type Metadata
meta_title
Artificial Intelligence (AI) in Financial Audit Services as Peril or Prize: Case Study in one of the Big Four Accounting Firm in Surabaya
Abstract/Description
The study explores the revolutionary impact of Artificial Intelligence (AI) technology in the financial audit process, focusing on the collaboration between auditors and AI. Using a qualitative approach and interpretive paradigm, the research incorporates interviews with auditors from Big Four accounting firms and document analysis of relevant literature. Findings reveal that AI technologies, such as Machine Learning and Robotic Process Automation applied in customized AI-based program for audit, enhance audit efficiency and accuracy by automating repetitive tasks. However, the presence of AI also poses challenges, including the ability to adapt and stay aware of technological developments, to ensure that AI should be prize instead of peril. The study provides insights into the future scenario of financial audits and the skills auditors must prepare to remain relevant. Implications include contributions to academic literature, education curriculum development, and adaptation strategies for professionals and organizations in the audit industry.
publication_date
2025/06/15
pdf_url
https://insyma.org/proceedings/files/articles/Wiyono_Pontjoharyo.pdf
abstract_html_url
https://insyma.org/proceedings/items/show/330
keywords
Artificial Intelligence, (Financial) Audit, Efficiency, Paradigm Shift
firstpage
111
lastpage
115
issn
3047-857X
conference
Proceedings of the International Symposium on Management (INSYMA)
Volume
22
publisher_name
Fakultas Bisnis dan Ekonomika, Universitas Surabaya
no article
19
Files
Citation
Wiyono Pontjoharyo, Marcelino, “Artificial Intelligence (AI) in Financial Audit Services as Peril or Prize: Case Study in one of the Big Four Accounting Firm in Surabaya,” Proceedings of the International Symposium on Management (INSYMA), accessed July 1, 2025, https://insyma.org/proceedings/items/show/330.