How should audit firms use AI?

The conversation highlighted the importance of human oversight, the role of third-party technology providers, the challenges of explainability and data security, and the need for clear communication with clients.

Philippa Lamb is joined by Ramana McConnon, Head of Assurance Technology at the FRC, Jon Morris, Director of Audit and Professional Standards for Grant Thornton, and Martin Brown, Gen AI lead in Deloitte’s Audit technical team.

Time codes

• 04’50”: Discovering the AI use cases and benefits of the new technology for smaller firms
• 13’49”: Understanding explainability and the need for human oversight with AI solutions
• 18’25”: Are off-the-shelf solutions enough and will firms need to make big investments?

Transcript

• Read the full transcript of this episode here.

Links

• ICAEW: FRC publishes landmark guidance on the uses of AI in audit
• FRC guidance on audit and AI
• ICAEW: AI in audit: opportunities and challenges

Host

• Philippa Lamb

Guests

• Ramana McConnon, Head of Assurance Technology at the FRC
• Jon Morris, Director of Audit and Professional Standards for Grant Thornton
• Martin Brown, Gen AI lead in Deloitte’s Audit technical team

Producer

• Natalie Chisholm 

Episode first published: 11 November 2025

Podcast recorded: 7 November 2025