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.
Course Publication Date:
April 02, 2024
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$10.00!
| Author: | Kelen Camehl |
| Course No: | TECH-AIAUD-26004 |
| Recommended CPE: | 1.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Information Technology
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Learning Objectives
- 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.