Perceived potential benefits of AI
| Potential benefits | Mean | SD |
|---|---|---|
| Review and use of large volumes of data | 5.14 | 1.18 |
| Text and unstructured document analysis | 4.65 | 1.38 |
| Automation of processes and controls | 4.61 | 1.37 |
| Review of financial statements, reporting and reconciliation of accounts | 4.56 | 1.20 |
| Detection and prioritisation of risk areas | 4.36 | 1.32 |
| Predictive analytics and prevention and detection of irregularities, fraud and corruption | 4.32 | 1.37 |
| Real-time and continuous auditing | 4.19 | 1.35 |
| Regulatory compliance and legal audit | 4.12 | 1.37 |
| Potential benefits | Mean | |
|---|---|---|
| Review and use of large volumes of data | 5.14 | 1.18 |
| Text and unstructured document analysis | 4.65 | 1.38 |
| Automation of processes and controls | 4.61 | 1.37 |
| Review of financial statements, reporting and reconciliation of accounts | 4.56 | 1.20 |
| Detection and prioritisation of risk areas | 4.36 | 1.32 |
| Predictive analytics and prevention and detection of irregularities, fraud and corruption | 4.32 | 1.37 |
| Real-time and continuous auditing | 4.19 | 1.35 |
| Regulatory compliance and legal audit | 4.12 | 1.37 |
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