AI In Audit and Financial Reporting

Overview

Auditors and financial professionals must understand how to integrate AI responsibly while maintaining professional skepticism, audit quality, and compliance with regulatory expectations.

However, the use of AI also introduces new governance, ethical, and regulatory considerations that organizations must carefully manage.
This course explores how AI is currently being used in audit and financial reporting, the benefits and risks associated with its adoption, and how organizations can establish appropriate governance, controls, and oversight.

Delivery Method: Individual webcast

CPE Credit: 1.6

Program Level: Basic

Highlights

• Artificial Intelligence
• Audit
• Financial Reporting

Prerequisites

None

Designed For

Financial Professionals Accountants Auditors Management (CEO, CFO, Board)

Objectives

• Define artificial intelligence and explain how AI technologies are used in audit and financial reporting
• Explore frameworks for Artificial Intelligence adoption
• Identify key areas where AI can enhance audit procedures, risk assessment, and financial analysis
• Examine an audit checklist of procedures to use when evaluation artificial intelligence
• Identify applications for artificial intelligence in financial reporting
• Examine a case scenario for an artificial intelligence risk assessment
• Examine a case scenario that includes developing an artificial intelligence risk heat map

Preparation

None