Identifying key factors for adopting artificial intelligence-enabled auditing techniques by joint utilization of fuzzy-rough set theory and MRDM technique

    Kuang-Hua Hu Affiliation
    ; Fu-Hsiang Chen Affiliation
    ; Ming-Fu Hsu Affiliation
    ; Gwo-Hshiung Tzeng Affiliation


In today’s big-data era, enterprises are able to generate complex and non-structured information that could cause considerable challenges for CPA firms in data analysis and to issue improper audited reports within the required period. Artificial intelligence (AI)-enabled auditing technology not only facilitates accurate and comprehensive auditing for CPA firms, but is also a major breakthrough in auditing’s new environment. Applications of an AI-enabled auditing technique in external auditing can add to auditing efficiency, increase financial reporting accountability, ensure audit quality, and assist decision-makers in making reliable decisions. Strategies related to the adoption of an AI-enabled auditing technique by CPA firms cover the classical multiple criteria decision-making (MCDM) task (i.e., several perspectives/criteria must be considered). To address this critical task, the present study proposes a fusion multiple rule-based decision making (MRDM) model that integrates rule-based technique (i.e., the fuzzy rough set theory (FRST) with ant colony optimization (ACO)) into MCDM techniques that can assist decision makers in selecting the best methods necessary to achieve the aspired goals of audit success. We also consider potential implications for articulating suitable strategies that can improve the adoption of AI-enabled auditing techniques and that target continuous improvement and sustainable development.

First published online 7 September 2020

Keyword : artificial intelligence (AI), audit, certified public accountant (CPA), multiple criteria decision making (MCDM), multiple rule-based decision making (MRDM), fuzzy rough set theory (FRST)

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Hu, K.-H., Chen, F.-H., Hsu, M.-F., & Tzeng, G.-H. (2021). Identifying key factors for adopting artificial intelligence-enabled auditing techniques by joint utilization of fuzzy-rough set theory and MRDM technique. Technological and Economic Development of Economy, 27(2), 459-492.
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