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The Impact of Machine Learning on Auditors
Transformation Area:
Digital Transformation
Firm Transformation
Field of Study:
Information Technology - IT
CPE Credits
1 Hour(s) - CPE Credit(s)
Duration
1 Hour(s)
Prerequisite(s)
None
Level
Basic
Content Type
Group Internet Based
Description
Headlines abound saying that artificial intelligence (AI) will eliminate the need for auditors. In reality, AI provide an excellent opportunity for auditors to automate more routine procedures and focus on delivering more value-added insights to help improve an organization’s performance or risk mitigation. Conversely, the use of AI can also have some adverse results if not managed properly. Auditors must be aware of these risks and work to ensure that the proper controls are in place to manage the risks introduced to their engagements with Robotic Process Automation (RPA) and AI.
Learn more about these technologies and their implications to the skills and knowledge needed to be an effective auditor in the future NOW.
Objectives
• Identify automation opportunities and the technology that is most likely to be appropriate for the opportunity
• Identify the risks associated with automation and AI opportunities
• Describe how to evaluate the value of an automation opportunity
Intended Audience
Auditors
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