"This architecture will improve board of directors’ decision-making, strengthen compliance and risk management protocols, empower gatekeepers such as lawyers and accountants to better monitor, and enhance the social contract between business and society. "
This study explores how AI affects auditors' judgments on complex estimates. It finds that when clients use AI for estimates, auditors' planned responses don't match their risk assessments. Auditors t
Determining liability for AI-caused harm lacks clear answers. In cases involving Tesla autopilot accidents, unfair discrimination by AI in HR, or medical procedures, responsibility is blurry. The EU's
"An adverse development cover (ADC) is a form of an excess of loss reinsurance contract that provides coverage for future loss payments relating to claims incurred prior to a specified date… A framewo