Audit smarter, not harder: A practical guide to navigating the risks and realities of artificial intelligence in the workplace

Artificial intelligence is changing how work gets done, how information is created, and how organizations make decisions. This introductory course helps internal auditors build a practical understanding of AI without getting lost in technical jargon. Participants will learn what AI is, how ChatGPT-style tools work, why concepts like prompts, tokens, patterns, and prediction matter, and where AI may show up in audit work and business processes.
Updated for 2026, this course includes current AI adoption trends, emerging ethical considerations, real-world examples, and practical audit-focused questions. Participants will explore key considerations related to accuracy, data privacy, bias and fairness, transparency, natural resources, misuse, and digital trust. The course also highlights how AI can help auditors analyze unstructured information, support planning and reporting, and ask better questions about AI-enabled processes.

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