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
