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With the support of artificial intelligence, the audit industry is entering a new phase - where technology becomes a powerful assistant, helping to detect violations early, comprehensively monitor and increase transparency in public financial management. Deputy State Auditor General (SAV) Bui Quoc Dung speaks - Photo: VGP/HTArtificial intelligence - a push to innovate the auditing profession. This is the opinion of Deputy State Auditor General (SAV) Bui Quoc Dung at the international conference Auditing in the new era - Improving audit capacity with AI, held on October 13, in Hanoi. The event brings together delegates from central agencies, the Association of Chartered Certified Accountants (ACCA), domestic and foreign auditing firms, banks, research institutes, universities and financial and auditing professional associations. According to Deputy General Auditor Bui Quoc Dung: Never in history has technology changed as quickly and deeply as it does today. Artificial intelligence is reshaping every field - from manufacturing, finance, healthcare to education. And of course, The audit industry - the field that ensures transparency and accountability in public administration - cannot stand outside that flow. Mr. Bui Quoc Dung emphasized that AI is not only a tool, but also an opportunity to recreate professional thinking. Auditors inherently rely on evidence and inference, but the traditional model is limited by time, human resources, and sample selection. With a huge amount of data, they are forced to choose a representative sample and then make general inferences - this can make the results less comprehensive and less up-to-date. AI and big data (Big Data) have created a turning point. Instead of just analyzing discrete pixels, auditors can process entire data sets to detect errors, fraud, and unusual trends. Along with that, machine learning, deep learning and natural language processing (NLP) algorithms help convert huge data stores - from documents, contracts, reports - into information that can be searched, compared and analyzed. Thanks to that, auditing no longer stops at post-audit detection, but can predict and early warn of risks in public spending - a shift from reactive to proactive. Mr. Bui Quoc Dung further informed that many audit agencies Supreme math above The world has moved towards continuous monitoring and risk prediction. Causal analysis techniques are applied to evaluate policy impacts instead of just stating data correlations. Virtual audit assistants based on large language models (LLM) can now automatically look up, compare and draft reports, monitoring tens of millions of transactions each month. Building a digital audit ecosystem: Practical AI applications Deputy General Auditor Bui Quoc Dung said that Vietnam is proactively keeping pace with global audit technology trends. The volume and complexity of public data - from taxes, insurance, public investments - has far exceeded the capacity for manual auditing. For example, Vietnam Social Insurance processes 17 million participants each month, issues health insurance cards and many millions of medical examinations each year. Or like the Tax Department, by the end of 2024, there are more than 950,000 businesses declaring taxes electronically, having submitted nearly 16 million documents and nearly 150 million declarations. These are huge data pictures, constantly updated in real time, that if we continue to process with traditional manual approaches, we will risk missing systemic risks and reduce the reliability of audit conclusions. Looking straight at the challenges and opportunities, the State Audit has chosen a proactive path: building a data platform, connecting and sharing with key ministries and branches; prepare storage and processing infrastructure; At the same time, deploying AI projects that directly solve the professional problems of public auditing. The State Audit has built a big data platform, selected an appropriate technology architecture and connected and shared with the Ministry of Finance, Vietnam Social Insurance, and the State Bank, creating a data warehouse of over 100 million records for audit analysis. The State Audit has built an audit technology ecosystem, in which 6 AI and data application software are being deployed in practice: from budget data analysis, risk assessment, financial transaction inspection, to public investment monitoring and green spending assessment. Those initial results confirm: AI does not replace auditors, but makes auditors stronger, more accurate and more profound. We have formed an audit technology ecosystem with six AI application software in practice, from budget data analysis, risk assessment, financial transaction inspection, to public investment monitoring and green spending assessment. AI does not replace auditors, but helps them become stronger, more accurate, and more profound. AI helps auditors not only detect errors faster, but also predict risks, recommend policies and support public financial management - consistent with the orientation of smart, proactive, real-time auditing Deputy General Auditor Bui Quoc Dung emphasized. Representatives of businesses and experts discussed at the International Conference Auditing in the new era - Improving auditing capacity with AI - Photo: VGP/HTBusinesses and banks: AI is a tool, people are still theMr. Phan Ngoc Anh - Deputy General Director of Deloitte Vietnam Audit Services shared: The application of AI in the entire audit process: from planning, risk assessment to drawing audit conclusions. Deloitte leaders said that AI tools help analyze financial and non-financial data, detect unusual fluctuations in revenue, costs or interest rates between bank branches over a multi-year cycle. Software such as Documentation AI can automatically record, convert speech into text, and build flowcharts to help auditors save time and avoid errors. Research Assistant tool also helps suggest appropriate audit procedures for each s
