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Mastering the Machine: Auditing AI

A Primer for Learning to Audit Artificial Intelligence!

Created byElizabeth McDowellworkspace_premiumBest Instructor
BeginnerUpdated Aug 28, 2024

What You'll Learn

  • check_circleThe fundamentals of AI technologies and options
  • check_circleAI challenges and solutions for auditors
  • check_circleHow to effectively evaluate AI systems and technologies
  • check_circleConsiderations for internal auditors and AI best practices, including for risk management and governance

About This Course

This course provides a comprehensive introduction to AI technologies, effective use of ChatGPT prompts, and best practices for internal auditors in managing AI-related risks and governance.

Users will gain a comprehensive introduction to utilizing artificial intelligence (AI) within the field of internal auditing. Designed for internal auditors seeking to enhance their understanding and application of AI, this course demystifies AI concepts, highlights key risks, and explores the internal controls necessary to audit AI effectively. Through engaging discussions and practical insights, participants will learn how to transform their audit processes using AI tools, ensuring smarter and more efficient auditing practices. The course also addresses ethical considerations, providing a well-rounded perspective on AI’s role in modern internal auditing.

Topics List:

  • Demystifying Artificial Intelligence (AI)
  • AI 101: A Brief Overview
  • Key Risks Associated with AI
  • Internal Controls for Auditing AI
  • Practical Steps for Auditing AI in Organizations
  • Ethical Considerations in AI Auditing
  • Future Trends in AI and Internal Auditing

Course Content

11 activities • 10 videos • duration: 1h 30m

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Introduction to Elizabeth & Audie the Internal Otteror!1 videos • 4 min
  • videocamIntroduction to Elizabeth & Audie the Internal Otteror!
    Duration 4:57
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AI 101: A Brief Primer1 videos • 1 quiz • 17 min
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AI: It's Just Math!1 videos • 1 quiz • 6 min
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AI Challenges & Solutions for Internal Auditors1 videos • 1 quiz • 11 min
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AI Risk #1: Privacy1 videos • 9 min
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AI Risk #2: Model Performance1 videos • 1 quiz • 8 min
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AI Risk #3: Governance1 videos • 13 min
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AI Risk #4: Bias1 videos • 1 quiz • 9 min
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AI Risk #5: Intellectual Property1 videos • 1 quiz • 4 min
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Closing it Out!1 videos • 5 min
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Final Assessment1 quiz

Your Instructor

Elizabeth McDowell

Audit Smarter, not Harder - with Elizabeth and Audie the Internal Otteror!

menu_book32 courses
star1,272 reviews

Elizabeth McDowell, CPA, CIA has over 20 years of audit experience and is the founder of Audit Forward, an innovative internal audit consulting and training firm. Elizabeth is passionate about advancing and advocating for the internal audit profession and was recognized as one of the 2023 Internal Audit Beacons by Richard Chambers. Elizabeth makes auditing and training fun (no, really!) with the help of her mascot, Audie the Internal Otteror. Elizabeth’s most recent industry experience was at Achieve, where she was Sr. Director, Audit Strategy; prior to that, she held internal audit leadership roles at Elevations Credit Union, Fidelity Investments, and Xcel Energy after first starting her career at Ernst & Young.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.8 out of 5
Student's Choice
181 reviews
  • JC
    Jing Hang C.
    starstarstarstarstar

    Very informative course

  • YL
    Yajing L.
    starstarstarstarstar

    It was good to learn about that AI would be helpful for internal audit but need to be regulated and have a strong access control.

  • BK
    Bob K.
    starstarstarstarstar

    Good Course with a comprehensive overview of AI auditing considerations.

  • LM
    laura m.
    starstarstarstarstar

    I liked the presentation. Good course

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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