This course provides an overview of how AIis used in auditsand compliancetasks. It discusses how AI helps auditorsidentify risks by analyzing large amounts of data and setting materialitythresholds based on historical data and industry standards. It also addresses how AI tools can be also automate audit procedures like data analysis and testingand how AI can detect anomaliesand fraudby spotting unusual patterns in financial data and transactional records.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize AI's role in audit planning and risk assessment
Identify how AI can automate audit procedures
Recognize AI techniques for detecting anomalies and fraud during audits
Identify AI's application in compliance monitoring
Major Topics
- AI Series
- Audit & Compliance
Risk Identification
Materiality Determinations
Automating Audit Procedures with AI-Driven Tools
Detection of Anomalies and Fraud Using AI Techniques
Compliance Monitoring and Regulatory Reporting with AI
Best Practices for Implementing AI Tools
