A new survey carried out by CareersinAudit.com, has revealed that over half (53 per cent) of workplaces in the audit and governance sector have implemented GenAI tools in their day-to-day tasks. The survey asked audit and governance professionals about how AI is being implemented in their respective organisations, and their attitudes towards the tech.
While more than half claim the tools are in use, findings showed the main reason the remaining 47 per cent haven’t yet made GenAI a part of their business was lack of knowledge and understanding, cited by 39 per cent of that group.
Of the many readily available GenAI tools now at everyone’s disposal, CoPilot proved to be the most popular, used by 38 per cent of respondents. ChatGPT was second (28 per cent), various others including LLMs, Gemini and GitHub accounted for 23 per cent of the overall responses and custom-made tools made up the remaining 11 per cent.
According to industry forecasts, the adoption of GenAI tools will reach near-universal levels in the next three years, with the pace varying from region to region. Currently, North America leads the way, with 39 per cent of companies using AI in financial reporting.
Commenting on the survey findings, Simon Wright, Director of CareersinAudit.com and the Careers in Group specialist job boards said: “GenAI tools have had a huge impact on not only workplace productivity but our daily lives in general over the past few years.
“It’s intriguing to see how AI has affected the audit and governance industry, in particular, how widespread the use of the technology has become.”
Wright added: “The fact that lack of knowledge and understanding is the main reason companies are holding back on implementing AI suggests that if the training needed is rolled out, in a year’s time we could be looking at a much higher percentage.
“It is clear there is a huge appetite to adopt GenAI tools in the audit and governance sector, it’s simply a matter of educating staff and employers on how to harness it,” he concluded.
To view the full findings from the survey, please visit:https://www.careersinaudit.com/article/survey-results-genai-friend-or-foe
