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Friday Footnotes: The Number of Professionals at Each of the Biggest Firms; PwC Uses Big Words; AI, AI, AI | 6.28.24

Going Concern

Internal auditors must assess that robust risk management systems are in place. Auditors should verify that high-quality data is used, appropriate documentation is maintained, and applicable record-keeping practices are followed. High-risk AI systems are subject to stringent requirements under the AI Act.