Tiron-Tudor, A., & Deliu, D. (2022). Reflections on the human-algorithm complex duality perspectives in the auditing process

Question 1

What are audit tasks suited for AI and Algorithms?

Answer 1

Algorithms and AI are well-suited for repetitive, rule-based tasks, such as:
* Data entry, cleaning, reconciliation
* Risk assessments, audit planning
* Confirmation processes
* Inventory counts (with drones)
* These tools increase efficiency, accuracy, and reduce human error.

Question 2

Strenghts of AI

Answer 2

Strengths of AI in Auditing
* Greater accuracy, speed, and scalability
* Ability to handle big data, real-time processing, and anomaly detection
* Reduces human bias, fatigue, and risk exposure
* Allows auditors to focus on judgment-based and strategic areas

Question 3

What is the central focus of the article?

Answer 3

The article explores the complex relationship between humans and algorithms in auditing, especially as AI technologies increasingly support or automate audit processes. It introduces the Human-in-the-Loop (HITL) concept as a future-forward framework where auditors collaborate with AI, retaining control over decisions and ensuring audit quality.