Learn How AI is Transforming Financial Auditing

Artificial Intelligence is reshaping the audit profession by enhancing efficiency, accuracy, and compliance. The Audit Big 4 are spending money on improving their usage of AI. This CPE-accredited training is designed to equip external auditors with the knowledge and tools needed to integrate AI into their financial audit workflows effectively.

What You Will Learn

What are the Audit Big 4 doing in the AI space
Foundational AI principles and their impact on financial auditing
Overivew of AI tools that enhance financial analysis, compliance, and fraud detection
Real-world applications of AI in risk assessment and audit sampling
Strategies for leveraging AI-driven automation in auditing
Practical demonstrations of AI-enhanced auditing workflows

Course Agenda

AI in the Audit Industry – Understanding the latest AI trends impacting financial audits
Details on the Audit Big 4 AI programs
AI Tools for Auditors – Exploring cutting-edge audit technologies
AI and Data Analytics – How AI enhances audit data analysis and sample selection
Fraud Detection with AI – Utilizing AI for real-time fraud identification
NLP and Document Review – Extracting insights from financial reports with AI
Predictive Analytics for Auditors – Using AI for financial forecasting
Regulatory Compliance and AI – Understanding AI’s role in compliance management
Continuous Auditing and Monitoring – Implementing AI for real-time audit tracking

Who Should Attend?

External Auditors at CPA firms
Firm Quality Control , Firm Compliance and Firm Risk Management Professionals
Audit Managers and Financial Auditors
CPAs and Audit Personnel

Our expert Audit Big 4 instructors bring years of industry experience in AI-driven external auditing, compliance, and financial risk management. Learn from the best as they demonstrate AI-powered audit solutions in action.

Secure Your Spot

Don’t miss this opportunity to future-proof your audit practice.

AI Fundamentals for the External Auditor

Name: AI Fundamentals for the External Auditor
Brand: Personal-Development

$280.00

Dates Available

Quantity

AI Fundamentals for External Auditors is offered on Tuesdays at 10:00 a.m. to 2:30 p.m. Central Time in four CPE-Credit event.

We can schedule private events on your timetable for two or more attendees.
Join our AI Fundamentals for External Auditors CPE event to explore cutting-edge AI technologies revolutionizing the audit profession. This event provides insights into how AI-powered tools enhance efficiency, accuracy, and risk management for CPA firms.

Key Highlights:

AI Market Overview – Gain insights into the latest AI tools and technologies shaping the audit industry.

AI for External Auditors – Explore AI-driven tools designed to streamline audit workflows and enhance financial analysis.

AI-Driven Data Analytics – Learn how AI automates data analysis, detects anomalies, and improves financial forecasting.

Risk Assessment & Fraud Detection – Understand how AI identifies high-risk transactions and strengthens fraud detection.

AI in Document Review – Discover how Natural Language Processing (NLP) extracts key insights from financial documents.

Predictive Analytics – Explore AI models that anticipate financial trends and risks for proactive decision-making.

Automated Audit Sampling – Learn how AI optimizes audit sample selection, focusing on high-risk transactions.

Regulatory Compliance Support – Understand how AI helps firms stay compliant with evolving financial regulations.

Continuous Auditing & Monitoring – Explore how AI enables real-time audit tracking and ongoing assurance.

Live Demonstrations & Case Studies – Witness real-world AI applications in auditing with expert-led demonstrations.
By the end of this event, participants will be able to:

Understand AI Fundamentals – Gain a foundational understanding of artificial intelligence, its capabilities, and limitations in an audit environment.

Explore AI Tools for Auditors – Identify and evaluate AI-powered tools designed specifically for auditing and assurance functions.

Enhance AI Querying Skills – Learn how to draft effective AI queries to improve data analysis, risk assessment, and decision-making.

Apply AI to Audit Processes – Understand how AI can support data analytics, sample selection, document review, and assurance tasks.

Leverage AI in Caseware and Other Platforms – Explore practical applications of AI within Caseware and other relevant audit software.

Assess AI’s Role in Risk Management – Identify AI-related risks and quality control measures to ensure audit accuracy and compliance.

Make Informed Decisions on AI Adoption – Evaluate whether AI integration is suitable for their firm and how to implement it effectively.

These objectives will help auditors develop a clearer understanding of AI’s potential and determine its relevance in their professional practice.
AI Market Overview

What AI products are currently available?

How do these tools function and integrate into business operations?

AI Tools for Auditors

What AI-powered tools exist specifically for audit professionals?

How have organizations successfully integrated AI into their audit processes?

Introduction to AI Techniques

How to structure an effective AI query

Best practices for leveraging AI in auditing and data analysis

Applying AI to Audits

Using AI for data analytics and trend identification

Sample selection enhancements through AI

AI-powered document review

Utilizing Caseware AI for audit tasks

Other potential applications relevant to our work

Risk Management and Quality Control

Addressing AI-related risks in auditing

Ensuring quality control and accuracy when using AI-driven insights

Additional Relevant Topics

Emerging AI trends in compliance and regulatory frameworks

Real-world case studies of AI in audit and assurance
AI is transforming the audit and accounting industry by enabling firms to enhance efficiency, accuracy, and risk assessment through advanced automation and data-driven insights. This page explores how AI-driven tools are being marketed to CPA firms for various audit and compliance functions, including:

Automated Data Analysis – AI-powered tools analyze large datasets in real-time, detecting anomalies and potential risks more effectively than traditional methods.

Risk Assessment & Fraud Detection – Machine learning algorithms identify high-risk transactions and flag potential fraud through pattern recognition and anomaly detection.

Natural Language Processing (NLP) for Document Review – AI-driven NLP extracts key insights from contracts, financial statements, and compliance reports, streamlining audit processes.

Predictive Analytics – AI models forecast financial trends and risks, assisting auditors in proactive decision-making.

Enhanced Audit Sampling – AI optimizes audit sample selection by identifying the most relevant and high-risk transactions for review.

Process Automation – Routine audit tasks such as reconciliations, compliance checks, and data validation are automated, improving efficiency.

Regulatory Compliance Support – AI helps firms stay compliant by cross-referencing audits with evolving financial regulations and compliance standards.

Continuous Auditing & Monitoring – AI enables real-time, continuous auditing, providing ongoing assurance and reducing reliance on periodic reviews.

By leveraging AI-powered audit technologies, CPA firms can improve their workflows, mitigate financial risks, and enhance overall compliance, positioning themselves at the forefront of digital transformation in the industry.
NASBA Program Disclosure

Program Level of Understanding: Basic to Intermediate

Prerequisites: Access to ChatGPT Plus for post event exercises

Advance Preparation: None

Delivery Format: On-site Training (Group-Live); Seminar (Group-Live)

NASBA Field(s) of Study: Auditing

CPE Credits: 4, based on 50 minutes of instruction per hour

AI Fundamentals for the External Auditor

Details on Event Presentation

CPE Event Highlights

Learning Objectives

Key Issues on the Agenda

Summary of the Subject Matter

NASBA Program Disclosure