The role of artificial intelligence in auditing and fraud detection in accounting information systems: moderating role of natural language processing

Abstract

Purpose

This study aims to investigate the moderating role of natural language processing natural language processing (NLP) on the relationship between AI-empowered AIS (data gathering, data analysis, risk assessment, detection, prevention and Investigation) and auditing and fraud detection.

Design/methodology/approach

Quantitative methodology was adapted through a questionnaire. In total, 221 individuals represented the population of the study, and SPSS was used to screen primary data. The study indicated the acceptance of the hypothesis that “Artificial Intelligence in AIS has a statistically significant influence on auditing and fraud detection,” showing a strong correlation between auditing and fraud detection. The study concluded that NLP moderates the relationship between AI in AIS and auditing and fraud detection.

Findings

The study’s implications lie in its contribution to the development of theoretical models that explore the complementary attributes of AI and NLP in detecting financial fraud.

Research limitations/implications

A cross-sectional design is a limitation.

Practical implications

NLP is a useful tool for developing more efficient methods for detecting fraudulent activities and audit risks.

Originality/value

The study’s originality stems from its focus on the use of AI-empowered AIS, a relatively new technology that has the potential to significantly impact auditing and fraud detection processes within the accounting field.

Citation

Qatawneh, A.M. (2024), "The role of artificial intelligence in auditing and fraud detection in accounting information systems: moderating role of natural language processing", International Journal of Organizational Analysis, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJOA-03-2024-4389