Utilizing AI in Financial Statement Audits: Analyzing Data, Minimizing Risks, Implementation Strategies
A live 110-minute CPE video webinar with interactive Q&A
This webinar will take a look at how artificial intelligence (AI) is changing the audit process. Our panel of financial reporting veterans will address how accounting and auditing professionals can use current technology to increase the accuracy of financial statement examinations and expedite the process.
Outline
- Utilizing AI and technology in financial statement audits: introduction
- How AI is currently being used in financial statement examinations
- Caveats of using current technology and AI
- Implementing AI
- Best practices
Benefits
The panel will review these and other critical issues:
- Strategies for incorporating current technology in financial statement audits
- Ensuring the security of data used for analytical review
- Steps to minimize AI hallucinations and invalid results
- How AI can be used to expedite financial statement examinations and preparation
Faculty
Dr. Mfon Akpan, CGMA
Assistant Professor of Accounting
Methodist University
Mr. Akpan’s area of expertise is generating an estimated valuation of earned social media from corporate social... | Read More
Mr. Akpan’s area of expertise is generating an estimated valuation of earned social media from corporate social responsibility engagement to generate an estimated return on investment and trend analysis. His professional activities include serving as a steering committee member for the American Accounting Association’s (AAA) Conference on Teaching and Learning in Accounting (CTLA) and planning committee member for the AAA’s Teaching, Learning and Curriculum Section (TLC). Mr. Akpan is a five-time TEDx speaker, and his most recent TEDx talk gives practical steps on how we can return to life after the COVID-19 pandemic. He is a doctoral candidate in Accountancy at Indiana Wesleyan University.
Closeto be announced.
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event.
See
NASBA details.
Cannot Attend June 17?
CPE credit is not available on downloads.
CPE On-Demand