Artificial Intelligence in Financial Auditing

Munnainathan, Dhurka (2025) Artificial Intelligence in Financial Auditing. Undergraduate thesis, Dublin, National College of Ireland.

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Abstract

With emphasis on how artificial intelligence (AI) may improve productivity, accuracy, and fraud detection, this study explores how AI is revolutionizing financial auditing. AI technologies like machine learning, natural language processing, and robotic process automation are gradually replacing or supplementing traditional auditing techniques, which are frequently constrained by human procedures and selective sampling. The study uses a mixed-methods approach to evaluate AI's present and future involvement in auditing processes, combining survey data from 100 financial auditors with insights from expert interviews. The results show that there is general confidence over AI's potential to greatly enhance audit quality by automating tedious processes, detecting anomalies, and providing real-time analysis. The study does, however, also point out significant adoption difficulties, such as expensive implementation costs, unclear regulations, and moral dilemmas like algorithmic prejudice. The findings highlight the need for upgrading regulatory requirements, creating strong governance structures, and upskilling auditors. According to the study's findings, artificial intelligence (AI) has the potential to completely transform financial auditing, but its effective implementation will require careful coordination of human knowledge, policy, and technology

Item Type:	Thesis (Undergraduate)
Supervisors:	Name Email MacDonald, Dhurka UNSPECIFIED
Subjects:	H Social Sciences > HG Finance Q Science > QH Natural history > QH301 Biology > Methods of research. Technique. Experimental biology > Data processing. Bioinformatics > Artificial intelligence Q Science > Q Science (General) > Self-organizing systems. Conscious automata > Artificial intelligence H Social Sciences > HG Finance > Financial Services
Divisions:	School of Business (- 2025) > BA (Honours) in Business Studies
Depositing User:	Ciara O'Brien
Date Deposited:	19 Mar 2026 15:17
Last Modified:	19 Mar 2026 15:17
URI:	https://norma.ncirl.ie/id/eprint/9187

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