Hot Topics in Risk and Compliance: AI, Analytics, and Emerging Audit Technologies

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Accounting and internal audit teams are facing increasing pressure to “do more with less” amid a dynamic regulatory landscape, shortage of skilled professionals, and onslaught of data.

What can these teams learn from the continuing evolution in how external audits are performed?

External auditors are rapidly expanding their use of technology such as analytical tools and AI in their audits. Now is a prime opportunity for accounting and internal audit teams to follow suit strategically by harnessing these emerging technologies to transform processes and enhance organizational value.

Join experts from KPMG, Cisco, and Workiva as they explore how audit, accounting, and finance professionals can leverage a technology mix of data analytics, gen AI, and other tools to ramp up efficiency and strengthen control effectiveness. They will discuss the ongoing audit technology journey, including potential risks to watch for, as well as how the right tech—including AI, automation, bots, data visualization, and more—may help de-risk audit workflows. Additionally, they will unpack the evolving regulatory landscape surrounding AI and compliance considerations for auditors.

Learning objectives:

• Understand shifts external audit firms are incorporating into their processes and their impact on accounting and internal audit teams
• Demonstrate how data analytics, gen AI, and other tools can drive efficiencies, improve effectiveness, and enhance organizational value
• Identify and mitigate AI implementation risks and stay compliant with evolving regulations

_{Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.}