TD2608. Practical Risk Assessment Transformation with TJ & MindBridge AI

Audit risk assessment should be more than a checklist exercise. In this live demo, see how MindBridge AI Augmented Risk Assessment helps audit teams move from static, prior-year-driven planning to a more dynamic, data-driven approach. By analyzing 100% of transactions, auditors can identify unusual activities, surface higher-risk areas earlier, and gain deeper insight into trends, balances, and business processes.

This session will show how teams are using AI-augmented risk assessments to strengthen planning, support scoping decisions, improve client inquiries, and better connect identified risks to audit procedures. You’ll also see how MindBridge AI helps auditors go beyond traditional AI use cases like vouching or isolated journal entry testing to support broader audit objectives across planning and risk assessment.

Walk away with practical ideas to make risk assessments more focused, more consistent, and more valuable across the engagement lifecycle.

Learning Objectives:

• Understand how data and AI augmented risk assessment can reveal unusual activity and higher-risk areas earlier in the audit process.
• Understand and explain how data-driven insights can improve planning, scoping, and client inquiry.
• Recognize opportunities to move beyond static, prior-year-driven approaches toward a more dynamic and consistent risk assessment process.