The Big 4 accountancy firms have been asked to explain what measures they are taking to prevent professionals using ChatGPT and other AI tools to cheat on auditing exams, according to Adam Mawardi of the Daily Telegraph.
The Financial Reporting Council has reportedly contacted the firms and the professional bodies themselves, about what they are doing to ensure the integrity of their exams.
The UK accountancy watchdog told the Daily Telegraph it is working closely with these organisations over audit exams monitoring. Only recently the regulator discovered dozens of Big 4 employees shared answers when completing online audit exams, with students exchanging answers via WhatsApp.
Some of the Big 4 firms have now told both member and students if they are caught using AI in exams it will be considered ‘gross misconduct’ and they could lose their jobs.
