
The Impact of Machine Learning on Auditors
3:00 – 4:00p ET
1 hr CPE/CPD in Information Technology – Group Based Internet
Headlines abound saying that artificial intelligence (AI) will eliminate the need for auditors. In reality, AI provides 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.
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
CPE CREDIT: 1 hour
FIELD OF STUDY: Information Technology
PREREQUISITES: Basic understanding of risk and controls
LEVEL: Beginner
DELIVERY METHOD: Group Internet Based
Speaker Bio
Donny Shimamoto, CPA, CITP, CGMA
Donny is the founder and managing director of Intraprise TechKnowlogies LLC, an advisory-focused CPA firm focused on innovation acceleration and organizational development for small businesses, middle market organizations, and nonprofits. Donny is a recognized thought leader and educator in the fields of accounting technology, IT risk management, and performance management. His dedication to helping accountants and organizations strategically leverage technology while proactively managing their business and technical risk is paramount.
Donny also serves as a business transformation advisor and outsourced “IT partner” for local & regional firms, finance departments, and internal audit departments who lack in-house IT executive leadership and IT audit expertise; He helps with risk assessments, IT-related advisory services, development of innovation strategies, streamlining of internal firm/department operations, and increasing staff proficiency with IT tools supporting internal operations and accounting/audit services delivery. |
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