EY's 2025 Canada report on fraud in loyalty systems was 72% AI-generated with 16+ hallucinations, raising concerns about AI reliability in audit and fraud-detection work.
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KPMG withdrew a major AI report after discovery of completely fabricated case studies caused by AI hallucinations, highlighting risks when accounting firms over-rely on generative AI without human ...
New MFA bypass technique targets accounting firms' Microsoft 365 accounts by exploiting legitimate Microsoft features, bypassing traditional multi-factor authentication protections.
KPMG audit issues ripple across Big 4 firms while Pentagon turns to agentic AI to address audit challenges in federal contracting oversight.
New methodology LoRA-MINT enables auditing of training data membership in domain-adapted LLMs, addressing IP and data sensitivity concerns for accounting applications.
Trullion explores how explainable AI delivers traceable outputs and auditable decisions for accounting teams, addressing the black-box problem in financial AI systems.