AI Series: Audit and Compliance

This course provides an overview of how AI is used in audits and compliance tasks.  It discusses how AI helps auditors identify risks by analyzing large amounts of data and setting materiality thresholds based on historical data and industry standards.  It also addresses how AI tools can be also used to automate audit procedures like data analysis and testing and how AI can detect anomalies and fraud by spotting unusual patterns in financial data and transactional records.

Course No. CAM004
Format: Online pdf (22 pages). Printed book available.
Instructional Delivery Method: QAS Self-Study
Prerequisites: None
Advance Preparation: None
Level: Overview
CPE Credit: 1 hr.
Field of Study: Auditing
Course Author: Kelen F. Camehl, CPA, MBA
Course expiration:  You have one year from date of purchase to complete the course.
Course Revision Date: April 2024

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