AI in Audit & Compliance: Transform Your Audit Processes

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0.5 Credit

Subject Area

Auditing

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Course Description
Course Qualification
Presenter
FAQ

Course Description

AI plays a pivotal role in audit planning and risk assessment through its adept utilization of advanced data analytics. By sifting through extensive financial and non-financial data, AI empowers auditors to pinpoint potential risks more efficiently, encompassing fraud, errors, and compliance discrepancies.
This course provides a deep dive into the transformative role of AI in audit planning, risk assessment, and compliance tasks. Through advanced data analytics and machine learning techniques, AI enables auditors to sift through extensive financial and non-financial data with unparalleled efficiency, identifying potential risks such as fraud, errors, and compliance discrepancies.
Explore the cutting-edge applications of AI in audits and compliance, from setting materiality thresholds to automating audit procedures like data analysis and testing. Learn how AI tools can detect anomalies and fraud by spotting unusual patterns in financial data and transactional records. Dive into real-world case studies showcasing AI's role in fraud detection and prevention, providing you with practical insights to enhance your professional skills and stay ahead in the dynamic landscape of audit and compliance.
Key topics covered in this CPE Auditing Course:
AI for Risk Identification
Materiality Determinations with AI
Advanced Data Analysis Algorithms
Fraud Detection and Prevention
Compliance Monitoring Technologies
Regulatory Reporting Automation
Case Studies: AI Applications in Auditing
Join us to unlock the power of artificial intelligence and revolutionize your approach to audit and compliance. Stay ahead of the curve and maximize efficiency in your audit processes with our comprehensive course on AI in audit and compliance.

Learning Objectives

Recognize AI's role in audit planning and risk assessment.
Identify how AI can automate audit procedures.
Recognize AI techniques for detecting anomalies and fraud during audits.
Identify AI's application in compliance monitoring.

Course Qualification

Webinar Qualifies For

0.5 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
0.5 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
0.5 CPE Credit of Internal Auditing for Certified Internal Auditors (CIA)
0.5 CPE Credit of Auditing for Certified Fraud Examiner (CFE)
0.5 CPE Credit of Auditing for Certified Management Accountants (CMA)
0.5 CPE Credit of Auditing for Certification in Risk Management Assurance (CRMA)
0.5 CPD Credit of Auditing for Certified Financial Forensics (CFF)
0.5 CPE Credit of Auditing for Certified Government Financial Manager (CGFM)
0.5 CPD Credit of IT considerations to the financial statement audit for Certified Information Technology Professionals (CITP)
0.5 CPE Credit of Auditing for Certified Government Auditing Professional (CGAP)
0.5 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
0.5 CPE Credit of Auditing for Certified Internal Controls Auditor (CICA)
0.5 CPE Credit of Auditing for Iowa Licensed Public Accountant (IA-LPA)
0.5 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
0.5 CPE Credit of Auditing for Certified Controls Specialist (CCS)
0.5 CPE Credit of Auditing for Maine Licensed Public Accountant (ME-LPA)
0.5 CPE Credit of Auditing for Delaware Licensed Public Accountant (DE-LPA)

Additional details

Course Level :

Basic
Credits :

0.5
Pre-requisites :

None
Advance Preparation :

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

Presenter

About Presenter

Kelen Camehl, CPA (US), MBA

Advisor, HP

Kelen is a recognized author and reviewer of CPE courses and has authored over 150 courses (370+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s "Journal of Accountancy". 

Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as a Principal in Accounting Policy with HP in Doha, Qatar. Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.

About Company

HP

www.hp.com/in-en/home.html

Our vision is to create a world where innovation drives extraordinary contributions to humanity. This vision guides everything we do, how we do it, and why we do it.
Our technology – a product and service portfolio of personal systems, printers, and 3D printing solutions – was created to inspire our vision and we are doing everything in our power across climate action, human rights, and digital equity to make it so.
We believe thoughtful ideas can come from anyone, anywhere, at any time. And all it takes is one to change the world.

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
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If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
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As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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