Mumbai, July 7 -- Industry leaders and financial experts highlighted the necessity of integrating Artificial Intelligence (AI) into financial reporting and corporate auditing while maintaining rigorous human oversight to safeguard against rising fraud risks.

Speaking exclusively to ANI on the sidelines of the Federation of Indian Chambers of Commerce & Industry's (FICCI) 2nd National Conference on Agile Governance: Navigating AI & Regulatory Landscape in Mumbai on Tuesday, Rajneesh Jain, Chair of the FICCI CFO Council & CFO for Reliance Jio Infocomm, and Abhishek Rara, Partner at Price Waterhouse LLP, shared how tech-driven agile governance is reshaping modern corporate ecosystems.

Rajneesh Jain categorised AI as an invaluable asset for...