Friday, 24 March, 2023

Data analytics, AI will be used by the NFRA to identify audit risk parameter

<p>NFRA aims to identify risk parameters for audit review of businesses and their audit firms using data analytics and artificial intelligence to stop potential auditing failures at the earliest feasible stage. The National Financial Reporting Authority is working on ways to make sure that concerned stakeholders receive early warnings of potential non-compliance amid instances of financial wrongdoing at corporations.</p>