Deloitte Anjin Restructures as 'AI Asset & Analytics' Group

"Accelerating Innovation in Finance and Accounting Solutions in the AI Era"

Deloitte Anjin Accounting Corporation announced on June 30 that it will fully restructure its existing data analytics and solution development division within the accounting and audit sector into the newly launched 'AI Asset & Analytics' group, in order to accelerate innovation in finance and accounting data-driven solutions in the era of artificial intelligence (AI).

Deloitte Anjin was the first accounting firm in Korea to establish a dedicated data analytics division for accounting in 2016. Based on the accounting domain expertise and data analytics capabilities accumulated over the past eight years, the company plans to expand the application of accounting and finance-specialized platforms and solutions integrated with AI across the board. Through this, Deloitte Anjin aims to lead the next-generation AI-based accounting ecosystem, advancing beyond traditional accounting methods. The company also plans to pursue a structural transformation by strategically integrating AI throughout all aspects of its audit operations.

The new group will be led by Executive Director Lee Seungyoung. Under the new organizational structure, Deloitte Anjin’s audit division will focus on accelerating the digital transformation of corporate clients’ accounting and audit sectors, centered on four core solutions.

First, through the 'Fund Incident Detection Solution,' the company will comprehensively analyze corporate accounting data and cash flows. By detecting anomalies at an early stage, Deloitte Anjin will establish a proactive risk management system that goes beyond traditional post-event checks.

The 'Deloitte Converter Series' will also be implemented. By automating disclosure processes such as DART (the electronic disclosure system), XBRL (eXtensible Business Reporting Language), and business reports, the company aims to dramatically improve the efficiency and accuracy of disclosures.

Additionally, the 'Finance Data Hub' will evolve into an intelligent platform capable of real-time accounting data analysis and insight generation by integrating various AI-based solutions along with external information search functions.

Furthermore, the '7ClICK Consolidation Optimization Solution' is designed to streamline the preparation of complex consolidated financial statements into seven steps, reducing the time required for closing and minimizing the possibility of errors.

Jang Soojae, Head of the Audit Division at Deloitte Korea Group, stated, "Deloitte Anjin’s AI solutions are not technology-centric, but are advanced intelligence systems designed based on the domain knowledge and practical experience of accounting professionals," adding, "In an era where AI is becoming the new standard in accounting and auditing, we will lead the digital transformation of the accounting industry by harmonizing technology with expertise."