The investigation into agricultural giant Archer Daniels Midland (ADM)’s accounting issues tied to its nutrition segment has made headlines over the past few years. As part of the settlement, ADM agreed to pay a $40 million penalty. “ADM has implemented significant changes to its financial leadership team and financial controls,” the company said in a press release on Tuesday. A recent paper published in the Academy of Accounting and Financial Studies Journal explores the role of AI in reducing risks and enhancing financial security through fraud detection in accounting. Sheryl Estrada [email protected]The post ADM settles accounting scandal—can AI help prevent the next one?