ENG25SS204. Putting AI to Work: Real-World Applications for Today's Audit Team, presented by Caseware

In an era of rapid technological advancement, artificial intelligence (AI) is reshaping industries across the globe, including audit and assurance. Yet for many audit professionals, the leap from understanding AI conceptually to applying it day-to-day remains challenging.

Renowned assurance professionals from Caseware, Danielle Supkis Cheek, Amy Fairfield and Jason Bradley will present this session, which aims to bridge that gap by showcasing how AI and other automated tools can address real-world issues faced by auditors, offering practical and actionable insights tailored to the needs of today’s audit teams.

This interactive session will focus on real challenges identified through our pre-conference LinkedIn poll, offering the chance for participants to “Engage before Engage” and drive the session to fit their needs. These challenges will serve as the foundation for the discussion, ensuring the content is directly aligned with the profession’s most pressing concerns and the solutions that Caseware can offer.

Whether it’s automating labor-intensive processes, enhancing fraud detection capabilities, or improving the accuracy of risk assessments, we will focus on how AI and other automation tools can help audit teams work smarter, not harder.

What to Expect

This session is designed to be focused on real-world applications with an emphasis on:

1. Real-World Problem-Solving: The session will start by highlighting common issues faced by audit teams — issues sourced directly from the LinkedIn poll. These could include challenges like handling large volumes of unstructured data, identifying anomalies in financial transactions, or managing compliance with evolving regulations.

2. Hands-On Demonstrations: To make application tangible, the presenters will showcase real-world examples of audit scenarios transformed by Caseware tools. These demonstrations will highlight tools that are accessible to audit teams of varying sizes and technical expertise.

3. Strategic Insights: Beyond technical applications, the session will explore the strategic implications of integrating AI into audit practices, including:

o How can AI-driven insights improve decision-making during audits?

o What are the risks and limitations associated with relying on AI in audit work?

o How can audit teams upskill to maximize the potential of these new technologies?

4. Interactive Problem-Solving: The session will include a live Q&A segment, where attendees can raise additional challenges or scenarios from their own organizations.

Who Should Attend

This session is ideal for auditors at all seniority levels and other assurance professionals who are eager to explore the potential of AI in their work. Whether you’re just beginning to explore AI or are already experimenting with its applications, this session will equip you with the knowledge and inspiration to take the next step.

Join us for this forward-thinking session and discover how to put AI to work for your audit team — today.

Learning Objectives:

• Recognize how automated tools can be applied to help solve audit challenges.
• Identify practical strategies for integrating AI tools into current workflows.
• Recognize the future of AI in auditing and how to stay ahead of the curve.