MYCPE ONE

Monthly AI Update – October 2026 1 Credit

Monthly AI Update – October 2026 1 Credit

AICPA's AI Audit Guidance, Tools & Trends

  • Rating

    5

  • Published on

    October, 2026

  • Subject Area

    Information Technology

Learning mode

On Demand
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Learning Objectives

  • Identify key considerations from the AICPA’s October 2026 AI practice aid for financial statement audits.
  • Explain how client and auditor use of AI affects risk assessment, oversight, and professional judgment.
  • Recognize safeguards for AI-assisted Excel data preparation, change documentation, and reconciliation.
  • Distinguish annualized revenue measures from recognized revenue, forecasts, and other financial metrics.
  • Assess individual and firm-level AI maturity and identify opportunities for capability development.
  • Evaluate potential applications of agentic AI while maintaining appropriate human review and accountability.

Course Overview

Artificial intelligence continues to reshape accounting and finance workflows, raising new questions about audit responsibilities, financial data reliability, and professional readiness. This live course highlights the developments featured in the October 2026 update and examines how accounting and finance professionals can approach emerging AI capabilities with sound judgment.

The course examines the AICPA’s October 2026 non-authoritative practice aid addressing AI considerations in financial statement audits, including client and auditor use of AI, internal controls, risk assessment, supervision, and professional skepticism. It also explores an AI-assisted Microsoft Excel workflow for cleaning and reconciling trial balance data while retaining original source information, documenting modifications, and requiring human review. A discussion of differing AI-company annualized revenue measures illustrates the importance of consistent financial metric definitions.

Major Topic:

  • AICPA October 2026 AI practice aid for financial statement audits
  • Auditor responsibilities, AI-related risks, and professional judgment
  • AI-assisted Excel data cleaning, reconciliation, and review
  • Interpreting annualized revenue and other AI-company financial metrics
  • Emerging agentic AI skills for accounting and finance professionals
  • Individual and firm-level AI adoption maturity models

Participants will also explore Artificial Intelligence skill gaps and maturity models for individuals and professional firms, from early experimentation through integration and strategic adoption. The course offers practical considerations for evaluating AI use, strengthening oversight, and identifying next steps for professional development and firm-wide implementation.

On Demand Credits for All Qualifications

License details Credits Status
Information Technology for Certified Public Accountants (CPA-US) 1 CPE Approved
Information Technology for Certified Internal Auditors (CIA) 1 CPE Eligible
Information Technology for Certification in Risk Management Assurance (CRMA) 1 CPE Eligible
Government Auditing Skills and Techniques for Certified Government Auditing Professional (CGAP) 1 CPE Eligible
Information Technology for Certified Information Technology Professionals (CITP) 1 CPE Eligible
Information Technology for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Approved
Governance, Risk Management, and Control for Internal Audit Practitioner (IAP) 1 CPE Eligible
Internal Controls for Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Internal Audit Quality for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Information Technology for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Approved
Internal Controls for Certified Controls Specialist (CCS) 1 CPE Eligible
Information Technology for Maine Licensed Public Accountant (ME-LPA) 1 CPE Approved

Additional Information

Credit

1

Course Level

Update

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. (MY-CPE LLC 1600 Highway 6 South, Suite 250, Sugar Land, TX 77478, Email: support@my-cpe.com, Phone: 646-688-2884)

Take charge of your career with MYCPE ONE’s online CPE courses designed for CIA professionals. Earn essential CIA CPE credits while expanding your expertise, all from the convenience of your schedule and location. Our courses dive into a variety of relevant topics, keeping you updated on the latest trends and developments in your field. With flexible scheduling and content led by industry experts, MYCPE ONE makes professional learning easy and impactful. Join us today to access powerful resources that help you grow and achieve your career goals. At MYCPE ONE, we’re here to be your trusted partner in success.

About Instructor

Joe Oringel

Joe Oringel

Managing Director, Visual Risk IQ

  • 4.6
  • rating
  • rating
  • rating
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Joe Oringel is a co-founder and Managing Director of Visual Risk IQ, a risk advisory firm that has helped hundreds of internal audit and compliance teams see and understand their data using off-the shelf software like Tableau, SQL, Python, and PowerBI. He is also a co-founder of Service AI, an AI-powered start-up that is building and commercializing an email-reading software robot that prioritizes and dispatches IT help desk tickets with limited human intervention.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

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MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

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To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

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Reviews and Ratings

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MW

Mark Williams, CPA (US)

5

I am a novice when it comes to using AI tools on the job. I really appreciated the presenters application of theory by integrating actual examples of how AI is being used in practice. Very informative!

BS

Brian Smith, CPA (US)

5

I am glad I found this course, some very interesting content that feels very timely!

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Monthly AI Update – October 2026

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