A new report from audit, risk and compliance software provider AuditBoard reveals that the adoption of artificial intelligence in audit functions is growing, increasing from 8% to 21% in just one year.
At the same time, the number of firms with no AI plans has dropped nearly in half — from 49% to 25% — signaling a decisive shift toward adoption, according to AuditBoard’s 2025 Risk Intelligence Report.
The report also found that early adopters are realizing significant benefits, including up to 8,000 audit hours saved annually, 20% to 40% productivity gains, and $3.7 million in annual savings for large enterprises. See more key findings.