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Auditors urge caution on AI, recommend quarterly reconciliations and occasional outsourcing to ease year‑end pressure
Summary
PB Mears told the committee it is using AI cautiously and recommends quarterly reconciliations, guardrails for remote work and—where necessary—outsourcing year‑end prep to specialists to avoid closing‑process compression.
During the audit presentation, members asked whether PB Mears uses artificial intelligence in its audit work. The firm said adoption has been cautious and limited because of confidentiality and reliability concerns.
“Confidentiality is an issue. Hallucinations and reliability of data is also an issue,” a PB Mears speaker said. The firm described internal guidance and a task force…
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