Audit Practice Guidance No. 1 of 2026: Using Artificial Intelligence Responsibly
Singapore's ACRA sets behavioral guardrails for AI in audit work, not just technical ones.
- 01Regulators are moving beyond capability questions to conduct questions.
- 02ACRA's new guidance frames AI adoption in auditing around integrity, accountability, and data confidentiality—grounding principles in documented real-world incidents rather than abstract policy.
- 03Notably, it sidesteps mandating a single adoption model, acknowledging firms will integrate AI unevenly.
- 04Paired resources from ISCA and an updated accountancy skills framework signal a coordinated push to institutionalize AI governance across Singapore's audit profession.
Singapore's ACRA sets behavioral guardrails for AI in audit work, not just technical ones.
Regulators are moving beyond capability questions to conduct questions. ACRA's new guidance frames AI adoption in auditing around integrity, accountability, and data confidentiality—grounding principles in documented real-world incidents rather than abstract policy. Notably, it sidesteps mandating a single adoption model, acknowledging firms will integrate AI unevenly. Paired resources from ISCA and an updated accountancy skills framework signal a coordinated push to institutionalize AI governance across Singapore's audit profession. • **Watch:** Whether other national audit regulators adopt similar incident-based, principles-first frameworks in 2026.
Watch: Whether ACRA's incident-grounded, principles-first model becomes a template other audit regulators replicate globally.
ACRA has issued Audit Practice Guidance No. 1 of 2026: Using Artificial Intelligence Responsibly. As artificial intelligence (AI) becomes increasingly integrated into audit work, understanding how to use it responsibly is as important as understanding what it can do. Recognising that the extent and manner of AI adoption will vary across audit firms, the guidance focuses on practical considerations that auditors can apply in their day-to-day work.
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ACRA has issued Audit Practice Guidance No. 1 of 2026: Using Artificial Intelligence Responsibly. As artificial intelligence (AI) becomes increasingly integrated into audit work, understanding how to use it responsibly is as important as understanding what it can do. Recognising that the extent and manner of AI adoption will vary across audit firms, the guidance focuses on practical considerations that auditors can apply in their day-to-day work. The guidance highlights key considerations relating to integrity, professional judgement, accountability, transparency, and data confidentiality and security. Drawing on real-world incidents, it illustrates how these issues may arise in practice and offers reflective questions to help auditors navigate the use of AI in their work. Auditors and audit firms are encouraged to refer to the guidance which includes available resources such as ACRA’s refreshed Skills Framework for Accountancy (opens in new tab) and ISCA’s AI Fluency Programme (opens in new tab) as they continue building the knowledge, skills and governance needed to harness AI effectively and responsibly. Find out more about the [guidance [PDF, 3.36MB] (opens in new tab)](isomer-user-content.by.gov.sg).
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