artificial intelligence: Drones, blockchain, bots, artificial intelligence—the new auditors on the block

Mumbai: Though change came late to the musty world of auditing, it has finally arrived. Thanks to Covid-19, some of the top firms are using drones, robotics, artificial intelligence and blockchain technology to complete their auditing assignments during the pandemic.The eye in the sky that is the drone will now be used for cross-check whether inventory in a power company’s financials tallies with the actual position of the stock of coal on