Embracing AI in Finance and Accounting: Balancing Risk and Innovation
CFO Leadership
OCTOBER 10, 2023
As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen.
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