Can AI improve audit evidence? You will learn the fundamentals of artificial intelligence (AI). See how AI and how technologies such as machine learning, deep learning, automation and RPA interconnect. Mary Grace Davenport and Michael Paterson of PwC speak about their experiences with using AI in their audits and how it is changing the audit profession. Their discussion includes how AI works, dive into the functionality of AI, the implications of the black box theory and how lack of transparency may affect an audit. See the ways in which automation and AI are changing the audit and the role of the auditor, including current examples of using automation and AI in audits; add value to your clients with discussions on the benefits and limitations of AI as well as the types of tools available. Future Opportunities include improving audit quality and new approaches to an audit; Potential future opportunities including new offering for assurance engagements
*AI interconnectivity*Deep learning
*Robotics process automation (RPA)
*Black box AI*AI and the auditor*
Current and future use cases
*Benefits and limitations of AI
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