0      0

2022 AICPA & CIMA Not-for-Profit Industry Conference

NOT2263 - Embracing the Power of AI in Your Assurance Engagements


Jun 15, 2022 2:45pm ‐ Jun 15, 2022 3:35pm


Standard: $49.00

Description



According to the 2018 ACFE Report to Nations, two out of the top three categories of occupational fraud are asset misappropriation and financial statement fraud. Throughout the past decade, CAATs have been discussed and broadly used, but what about the next wave of auditing tools? Is your firm embracing AI as the next powerful solution? In this session you will learn:

  • What embracing AI can do to enhance your assurance process and results
  • Best practices in the planning and implementation process when embracing AI
  • A case study – how AI detected fraudulent transactions before the client alerted the team

Learning Objectives:
  • Determine how data analytics tools and resources that may be leveraged in the current audit cycle
  • Identify ways to leverage data insights to inform work on those things that matter most

Speaker(s):

Tags: A and A
Category: Concurrent Session Onsite and Online

You must be logged in and own this session in order to post comments.