New York, July 29, 2024 鈥� Today, 乐鱼(Leyu)体育官网 LLP, the U.S. audit, tax and advisory firm, announced the integration of generative AI into 乐鱼(Leyu)体育官网 Clara, our global smart audit platform.
鈥淲ith seamless access to trusted generative AI capabilities within our audit workflow, our 9,000 auditors will be empowered to deliver quality audits,鈥� said Scott Flynn, 乐鱼(Leyu)体育官网 U.S. Vice Chair 鈥� Audit. 鈥溊钟悖↙eyu)体育官网 Clara with AI will not only free up resources to spend more time on the areas of highest risk, but will directly help our teams exercise professional skepticism to protect the capital markets.鈥澛�
83% percent of financial reporting leaders believe it is important for auditors to use AI in their analysis, prioritizing risk and anomaly identification, data analysis and quality management, and risk mitigation and real-time auditing.
乐鱼(Leyu)体育官网 Clara with AI is connected to our broader transformation efforts to enhance audit quality through our Trusted AI framework. For example, new generative AI capabilities will help teams:
鈥淭hese artificial intelligence capabilities enhance our overall transformation to deliver a better audit experience for our people and the companies we audit,鈥� said Flynn. 鈥淥ur AI capabilities will further strengthen our engagement teams to more effectively engage Audit committees and management committees.鈥�
乐鱼(Leyu)体育官网 today also unveiled AI and generative AI capabilities that will be deployed in the workflow in the coming months. These include:
鈥淥ur Trusted AI framework underpins everything we do with AI in the audit, said Thomas Mackenzie, 乐鱼(Leyu)体育官网 U.S. and Global Audit Chief Technology Officer. 鈥淎ll of our auditors are trained on how to effectively use AI with a human-in-the-loop mindset to maintain quality, accuracy and professional skepticism.鈥�
By infusing AI through 乐鱼(Leyu)体育官网 Clara, 乐鱼(Leyu)体育官网鈥檚 90,000 global Audit professionals will be empowered to focus more closely on higher-risk areas of the audit, sector-specific risks and challenges 鈥� to the benefit of both stakeholders and capital markets.
The capabilities announced today build on recent milestones in our journey to deliver an AI-enabled and people-powered audit, including:聽
To learn more about 乐鱼(Leyu)体育官网 and our Trusted AI capabilities, visit www.kpmg.com or kpmg.com/trusted-ai.
About 乐鱼(Leyu)体育官网 LLP
乐鱼(Leyu)体育官网 LLP is the U.S. firm of the 乐鱼(Leyu)体育官网 global organization of independent professional services firms providing audit, tax and advisory services. The 乐鱼(Leyu)体育官网 global organization operates in 143 countries and territories and has more than 273,000 people working in member firms around the world. Each 乐鱼(Leyu)体育官网 firm is a legally distinct and separate entity and describes itself as such. 乐鱼(Leyu)体育官网 International Limited is a private English company limited by guarantee. 乐鱼(Leyu)体育官网 International Limited and its related entities do not provide services to clients.听
乐鱼(Leyu)体育官网 is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity and eradicating childhood illiteracy. Learn more at聽.听
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