Using AI in an Audit (Completed)

Date: Monday, May 13, 2024
Instructor: Robert K Minniti
Begin Time:  11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time
CPE Credit:  2 hours for CPAs

Gain a foundational understanding of AI technologies and how they are applied in the context of auditing. This includes an overview of machine learning, natural language processing, and data analytics. Delve into specific AI tools and techniques currently in use for auditing financial statements. Learn how AI can enhance efficiency, accuracy, and depth in audit processes, including risk assessment, transaction testing, and fraud detection. Address the ethical considerations and compliance issues surrounding the use of AI in audits, including data privacy, security, and the impact on audit quality and transparency.

Topics Covered

  • Identify the basics of using AI in an audit
  • Explore AI tools and techniques
  • Identify ethical considerations of using AI technology

Learning Objectives

  • Recognize ways to use artificial intelligence in an audit
  • Identify the limitations of artificial intelligence software
  • Identify the ethical issues involved with using artificial intelligence

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Auditing (2 hours)

Program Prerequisites
None

Advance Preparation
None

">
 Chat — Books Support