KPMG’s 2024 study of 2,900 global financial execs (300 from the US) shows rapid AI adoption in finance. Nearly 75% already use AI in reporting, with 100% expecting adoption within 3 years. US companies are expanding AI use beyond reporting to planning, risk, and tax functions. Generative AI is gaining traction due to its efficiency, data accuracy, and predictive power. Among US leaders, 61% report AI ROI exceeds expectations; even early adopters see strong gains (33%). Auditors are also adapting by integrating AI into audits and offering governance assessments. KPMG offers an AI maturity tool to support ongoing transformation.

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