1、KPMG.Make the Difference.Financial reporting leaders AI expectations for their companies and external auditors AI in financial reporting and audit:Navigating the new era KPMG I in financial reporting and audit:N vigating the new era|2 Gopal Balasubramaniam Partner and Head of Audit,KPMG in QatarThe

2、AI age is here and its reshaping financial reporting as we know it.As auditors,our mission is clear:lead responsibly,innovate boldly,and help our clients unlock the full value of this transformation.ForewordThe pace of change in financial reporting and auditing is accelerating,not just globally,but

3、across the Middle East and especially here in Qatar as businesses adapt to emerging technologies,evolving regulations,and national strategies that prioritize digital transformation and economic diversification.These developments align with Qatars broader digital agenda.The Qatar Digital Agenda 2030

4、outlines a comprehensive strategy to build a thriving digital economy through six key pillars,including digital innovation and advanced technologies.As the nation continues to invest in AI and digital infrastructure,the integration of these tools into financial reporting and auditing is expected to

5、significantly enhance transparency,efficiency,and accuracy across the financial sector.Traditionally,auditing functions have been viewed as time-consuming and monotonous processes,requiring statistical sampling methods and manual checking of financial data.Furthermore,the human ability to work with

6、big data has been a severe limiting factor,preventing the broad connection of various data sources from working out deeper insights.Today,we are witnessing a profound shift.AI is no longer a future concept,it is here,reshaping how businesses manage risk,detect anomalies,generate insights,and make st