AI for Finance Auditing & SOX: From 16 Hours to 12 Minutes | Midship CEO Kieran Taylor

This podcast, sourced from the "AI with Arun Show" on YouTube, features a conversation with Kieran Taylor, CEO of Midship, focusing on how his company is revolutionizing financial auditing and SOX compliance using AI agents. Taylor explains that Midship was founded to resolve communication gaps and inefficiencies noticed during his time at Instacart and leveraged the advancements in AI to automate laborious tasks, citing an impressive reduction in testing time from 16 hours to just 12 minutes. The discussion covers the complexities of SOX testing and how Midship's AI-native platform enables autonomous testing—moving toward continuous monitoring rather than periodic checks—by giving the AI the necessary tools and logic to assess business processes and gather evidence effectively. Finally, Taylor addresses the future of auditing, emphasizing that while AI will assume most procedural work, auditors' roles will pivot toward deeper business process expertise and advisory functions, with humans remaining in the loop for review.#AIAuditing #FutureOfAudit #SOXCompliance #financialcompliance #AuditAutomation #MidshipAI #KieranTaylor #aiethics #generativeai #AuditTech #fintech #aiwitharunshow #digitaltransformation #aiinfinance

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