Auditor Sharing Group Concerning AI

AI is rapidly changing how auditors are doing their work. AI Tools capable of drafting workpaper narratives, summarizing standards, and generating audit documentation now operate at speeds and scales previously impossible.

This paper expands on the AI Tradecraft model, originally presented as a layered “AI Burger,” to demonstrate how humans and AI must work together in a controlled, auditable manner.

AI has some excellent applicability for auditors, but caution must be exercised so confidential company/ client/ agency information does not leak out. If confidential information will be used, we need to read the software Terms of Use very carefully and obtain the paid version of the AI tool that sits behind your organization's firewall! And analyze the AI results for hallucinations (erroneous or misleading information).