KPMG turns to ‘gamechanger’ Gen AI tools to advance auditing

KPMG Turns to ‘Gamechanger’ Gen AI Tools to Advance Auditing

KPMG this summer rolled out new generative artificial intelligence capabilities to its 90,000-person global audit practice, in a move meant to improve the quality of its work.

The technology is a “gamechanger” that will transform how auditors work, said Sebastian Stöckle, KPMG’s global head of innovation for audit. “It allows us simply to do a lot the things we want to do better, faster and with more depth and more breadth.”

Stockle said KPMG is tapping a $2 billion firm-wide investment to incorporate the technology into its core audit platform, ...