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Focus and Features:
Generative AI is revolutionizing various industries, and internal audit is no exception. By effectively leveraging generative AI, internal audit teams can become more efficient, effective, and proactive in identifying and mitigating risks.
Objectives:
- To familiarize with the available different generative AI technologies beneficial for internal auditors
- To enhance overall audit efficiency and effectiveness using these generative AI technologies
- To identify potential areas for audit focus based on AI-driven insights
- To streamline audit workflows and reduce the overall audit cycle time
- To elevate the role of internal audit in driving business value and protecting organizational assets
What You Will Learn
The Audit Process: Revisit the fundamental phases of the internal audit process.
The Role of Technology in Auditing: Discuss the role of technology in auditing which has evolved significantly over the years, transforming traditional audit practices and enhancing efficiency, accuracy, and effectiveness.
Evolution of AI: Know the remarkable journey of Artificial Intelligence (AI) that spans over several decades.
Benefits of AI in Auditing: Understand the numerous benefits offered by AI in the field of auditing, revolutionizing traditional audit practices and enhancing the overall audit process.
Generative AI Applications in Auditing: Learn Generative AI applications in auditing that significantly transformed traditional audit practices, providing auditors with advanced tools and capabilities.
Challenges and Considerations: Discuss the present several challenges and considerations that auditors and organizations must address in relation to AIs.
Who will benefit from this course:
Internal Auditors, Internal Audit Supervisors, Internal Audit Managers
Number of CPE units: 7
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