乐鱼（Leyu）体育官网 advances AI integration in 乐鱼（Leyu）体育官网 Clara smart audit platform

Highlights:

AI Agents to automate tasks and enhance decision-making, include substantive procedures
Financial Report Analyzer AI engine supports auditors鈥� ability to complete disclosure checklists
Upgrades are the next phase of journey towards an AI-enabled and people-powered audit approach, enhancing quality and driving deeper insights while maintaining a human-in-the-loop

New York, April 22, 2025 鈥� Today, 乐鱼（Leyu）体育官网 International and the 乐鱼（Leyu）体育官网 network of member firms providing audit, tax and advisory services, announced the acceleration of their effort to integrate AI into 乐鱼（Leyu）体育官网 Clara, our global smart audit platform. The deployment of AI agents into 乐鱼（Leyu）体育官网 Clara aims to empower more than 95,000 auditors globally to continue enhancing audit quality and deliver deeper insights to member firm clients while helping to increase productivity.

We鈥檙e continuing to build out our AI capabilities with increasingly sophisticated agents in 乐鱼（Leyu）体育官网 Clara to enable 乐鱼（Leyu）体育官网 firms鈥� auditors to more effectively respond to risks and deliver deeper audit insights. As 乐鱼（Leyu）体育官网 firms accelerate the adoption of this innovative technology and deploy new capabilities, we are maintaining a high level of professional skepticism and upskilling 乐鱼（Leyu）体育官网 professionals to drive trust in the capital markets.

Scott Flynn

Global Head of Audit, 乐鱼（Leyu）体育官网 International and

乐鱼（Leyu）体育官网 in the US Vice Chair - Audit

The AI agents deployed in this announcement are designed to support standardizing and automating various aspects of the audit process and include substantive procedures such as expense vouching, search for unrecorded liabilities and accrued expenses.

These upgrades also coincide with the release of a Financial Report Analyzer (FRA) AI engine, which provides AI-generated output to enable auditors to complete the required disclosure checklists and mark the next phase of our accelerated effort to deliver an AI-enabled, people-powered audit experience.

Additional AI agents will be deployed over the next 12 months and integrated into controls testing procedures, financial statement analysis and more.

The AI agents deployed in this release are designed to:

Automate routine tasks: AI agents can handle repetitive and time-consuming tasks, such as data analysis and document review.
Support decision-making: AI agents provide auditors with insights and recommendations based on data analysis, helping them make informed decisions and improve audit quality; and
Help auditors focus on high-risk areas: With AI handling routine tasks, auditors can dedicate more time to high-risk areas and sector-specific challenges, ensuring that audits are more comprehensive and targeted.

AI and our audit quality imperative

We are committed to always enhancing audit quality. Our approach focuses on embedding AI to handle data-intensive tasks, while reinforcing that our auditors are in control of the decision-making process to maintain quality, accuracy and professional skepticism.

AI and GenAI are transforming the financial reporting landscape and at the same time creating once-in-a-generation opportunities to change how 乐鱼（Leyu）体育官网 firms can deliver quality audits. It is critical that we leverage the AI capabilities we are deploying not only to enhance audit quality but help us better understand the risks created with companies embedding AI into their reporting processes are addressed.

Sebastian St枚ckle

Global Head of Audit Innovation and AI, 乐鱼（Leyu）体育官网 International and

Audit CTO, 乐鱼（Leyu）体育官网 in Germany

Our firmwide commitment to enhancing delivery with AI

乐鱼（Leyu）体育官网's cross-functional commitment to AI delivery emphasizes a collaborative approach that integrates diverse expertise across various teams to develop innovative solutions that enhance decision-making and drive significant business transformation for clients.

In addition, 乐鱼（Leyu）体育官网 Digital Gateway Gen AI is a cloud-based platform designed to transform global tax operations. This leading digital solution helps tax professionals streamline data integration, deploy innovative AI assistants and collaborate seamlessly across regions 鈥� accessible to multinational users anywhere. It allows you to automate routine tasks and simplify complex tax processes including managing compliance, mitigating risk, navigating controversies and handling transactions 鈥� freeing your tax team to focus on strategic initiatives.聽

Within 乐鱼（Leyu）体育官网 Advisory, 乐鱼（Leyu）体育官网 Velocity 鈥� an AI-enabled platform for change launching later this year 鈥� will be used by 乐鱼（Leyu）体育官网 professionals on client transformation projects to design and execute smarter and faster transformation journeys.鈥€疻hether growing, merging or modernizing organizations will have the insight, 聽guidance and pre-configured tools to build a trusted digital foundation.

These platforms and the deployment of new technologies are part of 乐鱼（Leyu）体育官网鈥檚 ongoing effort to deliver quality and a better experience through our Trusted AI framework, which underpins everything we do.

Today鈥檚 announcement builds on:聽

In December 2024, 乐鱼（Leyu）体育官网 released the report looking at how companies are rolling out AI across wider areas of finance, including accounting, financial planning, treasury management, risk management and tax management 鈥� showing AI is truly a global phenomenon, and it is being adopted by finance teams across the world.
In July 2024, 乐鱼（Leyu）体育官网 announced the integration of GenAI directly into 乐鱼（Leyu）体育官网 Clara for 90,000 auditors around the globe. The embedded AI capabilities interact directly with audit engagement documentation and our audit methodology and help teams refine risk assessments, develop substantive testing procedures, enhance audit documentation and more.
In April 2024, 乐鱼（Leyu）体育官网 began deploying Copilot for Microsoft 365 to Audit partners and professionals.聽Engagement teams are already leveraging Copilot, along with 乐鱼（Leyu）体育官网 Clara AI - chat, to transform the walkthrough experience by generating process narratives and flowcharts based on meetings with clients.

To learn more about 乐鱼（Leyu）体育官网 and our Trusted AI capabilities, visit聽www.kpmg.com听辞谤听kpmg.com/trusted-ai.

About 乐鱼（Leyu）体育官网 International

乐鱼（Leyu）体育官网 is a global organization of independent professional services firms providing Audit, Tax and Advisory services. 乐鱼（Leyu）体育官网 is the brand under which the member firms of 乐鱼（Leyu）体育官网 International Limited (鈥溊钟悖↙eyu）体育官网 International鈥�) operate and provide professional services. 鈥溊钟悖↙eyu）体育官网鈥� is used to refer to individual member firms within the 乐鱼（Leyu）体育官网 organization or to one or more member firms collectively.

乐鱼（Leyu）体育官网 firms operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each 乐鱼（Leyu）体育官网 firm is a legally distinct and separate entity and describes itself as such. Each 乐鱼（Leyu）体育官网 member firm is responsible for its own obligations and liabilities.

乐鱼（Leyu）体育官网 International Limited is a private English company limited by guarantee. 乐鱼（Leyu）体育官网 International Limited and its related entities do not provide services to clients.

For more detail about our structure, please visit kpmg.com/governance.