The Use of Artificial Intelligence in Auditing Money Laundering Operations

Abstract

In the modern economy, focused on digital technologies, when many transactions are performed in electronic form, there is an urgent need to analyze transactions for money laundering operations. In this regard, when auditing money laundering operations, the auditor should check huge amounts of data for a short period of time, assess risks, and analyze the possibility of a client’s enterprise in the future. In this regard, artificial intelligence applications can provide significant assistance. This article discusses the applications of artificial intelligence in auditing money laundering transactions. JEL: М42; CZU: 657.6:[343.359:004.8].