AI Series - Audit & Compliance

Course Overview:

This course provides an overview of how AI is used in audits and compliance tasks.  It discusses how AI helps auditors identify risks by analyzing large amounts of data and setting materiality thresholds based on historical data and industry standards.  It also addresses how AI tools can be also automate audit procedures like data analysis and testing and how AI can detect anomalies and fraud by spotting unusual patterns in financial data and transactional records.  

Learning Objectives:

 Upon completion of this course, you 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