UK Financial Reporting Council Publishes Guidance on Using Generative and Agentic AI Tools in Audit Engagements

The UK Financial Reporting Council (FRC) has announced the publication of new guidance on using generative and agentic AI tools in audit engagements.

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Innovative new guidance supports audit firm adoption of emerging AI technologies

The Financial Reporting Council (FRC) has today published guidance for audit firms on using generative and agentic AI tools in audit engagements. The guidance sets out how firms can mitigate risks to audit quality posed by these tools, while supporting fir…