Artificial Intelligence and the Assurance Profession

Note: This Live Virtual course is presented in collaboration with CPA Western Provinces. The content is applicable to all participants. If you have questions regarding this course, please contact pdregistration@cpaalberta.ca

Overview: 

The external audit profession is undergoing transformative change with AI technologies at the forefront. This course explores how today’s AI tools, machine learning algorithms, and advanced analytics are revolutionizing risk assessment, substantive testing, fraud detection, and client communication. Gone are the days when HAL 9000 and IBM Watson seemed distant AI is now integral to modern audit work.

Learning Objectives:

Upon completing this course, you should be able to:

• Define AI, machine learning, and predictive analytics in the audit context
  
• Evaluate AI-driven tools for risk assessment, anomaly detection, and control testing
  
• Deploy AI to streamline routine audit work while preserving professional skepticism
  
• Identify and manage AI-related risks bias, privacy, explainability, and regulatory compliance
  
• Develop integration strategies that align AI with firm policies, staffing, and client needs
  

Who Will Benefit: 

Designed for external audit professionals ranging from staff auditors and in charge seniors to audit managers and partners who want to:

• Embrace AI to improve audit quality and efficiency
• Elevate core audit tasks through automation and analytics
• Stay ahead amid rising professional expectations (e.g., 64% of finance leaders now expect AI-enabled audit firms)