Jim Germer is a published author and independent AI researcher based in Bradenton, Florida, with a CPA background spanning audit, tax, and financial planning. His work examines AI governance, institutional accountability, and AI's effects on human cognition. He writes at
Recent failures of AI hallucination control at large firms give weight to concerns that AI systems have deeply problematic aspects when it comes to auditing.
The FRONTIER Act is a meaningful step forward. But without contemporaneous records and truly independent verification, oversight begins too late
Accountants don't have to wait for a major catastrophe to act on governance and oversight of AI as the systems become more enmeshed in workflows and decisions.
AI governance is awaiting its Ferdinand Pecora, counsel to the Senate Banking Committee in the 1930s, who built the evidentiary foundation for every protector system that followed.
Will the profession wait for the AI equivalent of 1929 before applying what it already knows? The answer begins with examining what the current AI assurance landscape provides and what it does not.
When a CPA signs off on a work product that an AI system helped produce, what is the independent verification standard that certifies the system producing that work is actually reliable? There isn't one.