The Future of Auditing: An Exclusive Interview with Chameera De Silva on AI and Professional Scepticism
View(s):In a groundbreaking development for the intersection of artificial intelligence and auditing, Chameera De Silva, an emerging research talent, has secured funding from CPA Australia’s prestigious Global Research Perspectives Programme (GRPP). His project, Professional Scepticism in Auditing through GenAI, has been awarded a $30,000 research grant, underscoring the significance of his work in reshaping modern auditing practices.
By:Eng. Chameera De Silva, MIEAust Clinical Data Scientist Annalise. ai Lecturer in AI Doctoral Scholar in AI
Chameera expressed his gratitude for the recognition, emphasizing that the funding is not just a financial boost but also a validation of AI’s potential in auditing. He noted that his research focuses on enhancing professional scepticism, a fundamental aspect of auditing that ensures financial data integrity and reliability. By leveraging Generative AI (GenAI), his project aims to equip auditors with advanced tools to detect anomalies, analyze complex datasets, and mitigate biases, ensuring a higher degree of transparency and trust in financial reporting.
Explaining the importance of his work, Chameera highlighted that professional scepticism is crucial for auditors, requiring them to maintain a questioning mindset and critically assess financial data. With financial landscapes becoming increasingly intricate, AI-powered tools can assist auditors in navigating complexities and maintaining objectivity. He envisions GenAI as a supportive mechanism, enhancing auditors’ judgment rather than replacing human expertise. By integrating AI into high-stakes decision-making, auditors can improve accuracy and efficiency while preserving ethical standards.
While discussing the future of AI in auditing, Chameera acknowledged the challenges of widespread adoption. He identified trust and transparency as primary concerns, stressing that AI models must provide explainable insights rather than function as black-box systems. Additionally, regulatory compliance remains a significant hurdle, as AI-driven audits must align with legal and ethical standards. Bias in AI models is another issue that requires attention, as improperly trained AI systems could reinforce biases instead of mitigating them. Chameera believes responsible AI development, coupled with thorough validation processes, is crucial for overcoming these challenges.
CPA Australia’s support plays a vital role in his research, reinforcing the importance of AI in auditing and enabling young researchers to contribute meaningful advancements to the field. Chameera hopes his work will bridge the gap between AI and human expertise, fostering a seamless collaboration that strengthens the auditing profession rather than replacing traditional methodologies. His research aspires to set a precedent for future technological integrations in finance, ensuring that AI serves as a powerful aid rather than an autonomous decision-maker.
Looking ahead, Chameera hopes that his research will inspire other professionals to embrace technology’s potential in auditing. He encourages young researchers to explore interdisciplinary opportunities where AI can be applied, emphasising that innovation comes from challenging existing paradigms. He advocates for collaboration across fields, ensuring that research has real-world applicability and a tangible impact.
As Chameera embarks on this exciting journey, the auditing industry eagerly anticipates the insights and advancements his research will bring. With AI playing an increasingly significant role in financial decision-making, his work is set to influence the future of auditing, ensuring greater transparency and trust in financial reporting.
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