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Why GRC is the Wingman for AI Risk
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Subscribe21 AUG 2025 / EXPERT INSIGHTS
Certified public accountants (CPAs) and finance professionals are increasingly using AI in areas such as predictive analytics, fraud detection, and security, leading to a shift in the risk landscape that necessitates a responsible risk management approach. To handle the risks associated with AI-generated financial reporting, a robust Governance, Risk, and Compliance (GRC) framework should be adopted, which can help improve auditability, assurance, and stakeholder trust, apart from mitigating significant financial and reputational risks.
Artificial Intelligence (AI), who would have imagined it would become so prominent in our daily lives? Humans have always had high expectations for AI, as evidenced by fictional characters like Rosie, the model XB-500 robot from "The Jetsons." Rosie was a...
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