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NOT2263

Embracing the Power of AI in Your Assurance Engagements

Date
June 15, 2022
$49
Standard Price
This product is also available as part of the following products:
Thumbnail for 2022 AICPA & CIMA Not-for-Profit Industry Conference
This includes sessions from the conference: 2022 AICPA & CIMA Not-for-Profit Industry Conference



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

Speakers

Speaker Image for Kris Ray
NFP Industry Technical Leader, Plante Moran, PLLC
Speaker Image for Tricia Katebini
Tricia Katebini, CPA, MBA
Partner, GRF CPAs & Advisors

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