Using Artificial Intelligence to Audit Smarter, not Harder!
This course will equip internal auditors with the knowledge and practical skills to effectively integrate AI technologies into all parts of the audit process. As artificial intelligence becomes increasingly entrenched in our professional and societal structures, it's vital for auditors to understand how AI can enhance value creation and help achieve organizational goals. This course will delve into how internal auditors can incorporate AI considerations into risk assessments and develop risk-based audit plans. Moreover, participants will explore AI's role in providing assurance over areas like cyber threats, all while maintaining the independence and objectivity that are critical in the auditing profession.
Through comprehensive discussions and practical examples, you'll gain insights into the fundamental concepts of AI, including machine learning, deep learning, and neural networks, and understand their relevance in internal auditing. The course also emphasizes the importance of understanding the algorithms and data processing methods that underpin AI, demystifying the technology by presenting it as a sophisticated application of mathematical principles rather than an opaque 'black box.' By the end of this course, internal auditors will be well-prepared to leverage AI to optimize audit processes, provide more accurate assessments, and act as trusted advisors in their organizations.
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.
