Guest lecture by Victoria Dietrich (Stbin.) and Daniel Scherzer (Senior Solutions Architect) from PSP Munich.

As part of their guest lecture, the speakers presented practical application examples of generative AI in the tax and audit environment. In addition to an overview of the technical basics of large language models (LLM), the focus was on specific potential applications: from analysing tax rulings and VAT cases to AI-supported support in the audit of annual financial statements (audit sparring) and journal entry testing. It became clear how humans and machines can work in tandem in the future - with a clear emphasis on the professional responsibility of humans.

We would like to thank PSP Munich for the inspiring and forward-looking presentation.