Impact of Artificial Intelligence and Big Data on Auditing: A Study on the Perception of Auditors

Advances in artificial intelligence (AI) and big data are re-writing the script for auditors, requiring a complete re-evaluation of what it means to be a skilled auditor. This paper investigates the effect of AI and big data on the auditor's role, giving highlights to how these technologies are reshaping the profession. Now, with the help of AI and big data, auditors can analyze large volumes of data fairly quickly and accurately; this has allowed for more robust testing to be incorporated into audits efficiently. They strain this to understand the context in which the data is being used and may continue to make more informed decisions based on those results. AI and big data are redefining auditor task-refuting a more diverse set of skills that rope in the growing technological advances as well. Auditors should adapt to these changes by developing the necessary technical and analytical capabilities needed to thrive in the auditor of the future era.