Description

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.

The other Segments of this series ‘Artificial Intelligence (AI) Essentials for CPA’ are:
AI Series – Introduction to Artificial Intelligence
AI Series – Technologies in Accounting Software
AI Series – Ethics and Regulations
AI Series – Leveraging AI for Data Analysis and Reporting
AI Series – Audit and Compliance
AI Series – Considerations in Tax Preparation and Research
AI Series – Considerations for Organizations When Adopting AI
AI Series – Future Trends in AI and Software for CPAs

NOTE: There is a 8 CPE Credit Hours combined course also available:
AI Essentials for CPA – Exploring Cutting-Edge Technology (Text Based Course)