Deloitte has rolled out new Artificial Intelligence (AI) functionalities within its Omnia Audit and Assurance platform.
The accounting giant said that these new features are designed to address the complexities of the evolving business landscape and to support client needs.
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The firm added that these enhancements focus on improving the efficiency and effectiveness of the audit process through integrated solutions.
Deloitte China Audit & Assurance Business leader, Tony Tang said: “We are at a transformative moment where technologies like artificial intelligence, machine learning, and cloud computing are revolutionising industries.
“At Deloitte, we are proud to be at the forefront, delivering high-quality audits that uphold the public interest and drive trust.”
The updated capabilities include a better documentation review, intuitive navigation of financial statements, streamlined data extraction, enhanced drafting processes, improved research tools, and proactive risk management strategies.
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By GlobalDataIn addition to this, Deloitte is incorporating intelligent agent technology into the Omnia platform. These AI agents are designed to perform specific tasks, retain relevant information, and work collaboratively within a network of agents.
The development of these AI features adheres to Deloitte’s Trustworthy AI framework, which emphasises governance, compliance, and quality assurance throughout the AI lifecycle.
Since its launch in 2015, the Omnia platform has been regularly updated to incorporate new technologies to provide a customised audit experience.
The organisation’s GenAI chatbot has processed more than three million prompts in its first year of operation.
Deloitte China Audit & Assurance Transformation Digital & Technology leader Roman Fan said: “The rapid advancement of technology requires solutions that complement and enhance the exceptional talent and deep industry knowledge of our auditors in every engagement.
“With the launch of global Omnia AI, China is also advancing these Omnia AI applications in Hong Kong and Macau, equipping our teams with the resources they need to excel in a dynamic environment.”
