The auditing profession is changing a lot because of technology and the need for financial reports. The old ways of auditing are not good enough to catch people who are cheating or manipulating money. This study looks at the problems with auditing methods and how Artificial Intelligence can help make audits better. The study uses research and real-life examples like Brightcom Group, Eros International and Knight Capital Group to show that manual checks are not enough and that auditors need to use algorithms to help. It suggests a way of auditing where Artificial Intelligence helps with checking data and finding risks, but human auditors still make the important decisions. Artificial Intelligence should be used to help people make decisions not to replace them. This way AI can make sure that audits are transparent, fair and follow governance. The study looks at how Artificial Intelligence can help with auditing. It suggests that it can make audits more accurate and faster. The auditing profession needs to change. Artificial Intelligence can help with this change. Artificial Intelligence can help with checking all the data, not a sample and can help find unusual activity. This can help catch people who are cheating or manipulating money.