BSI publishes 'world first' international standard for AI audits

BSI publishes 'world first' international standard for AI audits

The British Standards Institute (BSI), a Royal Charter organisation that issues technical standards for businesses and professionals, has published what it describes as the “world’s first international standard” for the use of AI in audits. The advent of generative AI technology has presented accounting professionals with a powerful tool that, when deployed well, can massively improve the efficiency and quality of manual processes like audits. D…