PwC Looks to Suite of New AI Tools to Transform Corporate Audits

PwC is reimagining how it scrutinizes the books and transactions of corporate America with a suite of new AI-backed tools meant to better guide auditors and free up time to focus more on risks in a client’s business.

The Big Four accounting and auditing firm, leveraging roughly $2 billion in the AI arms race, says the changes go beyond the underlying technology.

“It’s a transformation of our entire audit practice,” said Kyle Maryanski, a PwC audit partner and the firm’s next generation audit leader.

The firm’s auditors now have access to a suite of new tools that rely on ...