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PwC’s $1.5b AI audit revolution has a catch: don’t expect a discount

PwC’s $1.5b AI audit revolution has a catch: don’t expect a discount

The company’s local pilots are a significant step towards an ultimate dream of a fully automated AI-driven audit. Bethany Rae

PwC Australia is piloting its new AI-driven software platform with five local clients as part of a $US1 billion ($1.5 billion) global investment to automate large parts of the corporate auditing process.

The project is part of a worldwide race against rivals KPMG, Deloitte and EY to use the technology’s time-saving features to audit clients’ accounts.

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Edmund Tadros
Professional services editorEdmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Email Edmund at edmundtadros@afr.com.au

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Original URL: https://www.afr.com/companies/professional-services/pwc-s-1-5b-ai-audit-revolution-has-a-catch-don-t-expect-a-discount-20250814-p5mn3q