IIA Canada National Conference 2022

4.1 Covering the expansive new data in financial auditing; deeper analytics with Artificial Intelligence

17 Oct 2022
11:00 - 11:50
DAY 1 - TRACK 4 - SESSION 1

4.1 Covering the expansive new data in financial auditing; deeper analytics with Artificial Intelligence

Level: Intermediate

The landscape of technologies relating to Data Analytics continues to evolve and Artificial Intelligence is moving from ‘early stage investigative’ or ‘limited pilot’ into full production within progressive Audit groups. Moving beyond visual analytics solutions, AI will be at the heart of the next generation of Data Analytics offerings. As the transition is occurring, there is also desire to move to a more continuous monitoring and data-driven audit approach from the historical approaches used. This creates unique challenges as new and different data sources are creating new impacts and opportunities for insights. In this session, we will highlight how to re-imagine the use of data analytics, expanding on how to look for risk and be data-driven using any subledger, and how to tactically update programs and methodologies.