AI in Financial Reporting and Audit Revolutionizing Financial Transparency and Precision

Author(s)	Aman Deep Singh
Country	United States
Abstract	This white paper delves into the transformative role of Artificial Intelligence (AI) in financial reporting and audit. The document discusses the advancements brought about by AI in automating data analysis, integrating big data, recognizing patterns, and enabling continuous auditing. By implementing AI, financial institutions can achieve unprecedented efficiency and accuracy, leading to enhanced financial transparency and precision. The integration of AI in these processes not only mitigates human errors but also uncovers valuable insights, ensuring proactive financial management and real-time compliance.
Keywords	Artificial Intelligence, Financial reporting, Auditing, Data Analysis, Data Analysis, Risk Assessment.
Field	Engineering
Published In	Volume 7, Issue 5, September-October 2025
Published On	2025-10-08
DOI	https://doi.org/10.36948/ijfmr.2025.v07i05.61074

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