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It’s not the worst kind of cheating scandal to hit an accounting firm, but it’s not great, either: KPMG Australia caught one of its senior leaders using artificial intelligence to answer questions in an AI training exam, the Australian Financial Review reported over the weekend. KPMG forced the unnamed partner to retake the test, and fined them $7,000—a punishment that’s also known as every college professor’s fantasy. Ironically, KPMG recently negotiated discounted fees from its own accountant, on the grounds that AI will make auditing—which KPMG does for many Fortune 500 companies—cheaper, the Financial Times reported. While that’s “not a crazy thing for most companies to think…it is a crazy thing for an auditing firm to say to its auditor,” Bloomberg’s Matt Levine wrote. Zoom out: KPMG Australia said it has caught more than two dozen employees using AI to cheat on internal tests since July, fueling broader concerns about improper AI use at accounting firms. In the fall, another member of the Big Four, Deloitte, partially refunded the Australian government after giving them a report filled with AI-generated errors. It’s been a rough few months for AI down under. |
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