How AI is Automating Internal Control
Overview
The term “artificial intelligence” (AI) has become mainstream and while most have a laypersons understanding of the AI, few know the depth and breadth of this technologies capabilities. AI is affecting just about everything in business and in people’s personal lives. The operation of an internal control system is also changing because of this incredible advancement. This session explains what AI is and how it works and then goes into detail about how it can be applied to a system of internal control. The material speaks about changes occurring in today’s world as well as to what’s coming in the not too distant future.
Highlights
The topics discussed in this session include: An explanation of Artificial Intelligence (AI). Specific ways AI is replacing human cognition. What is on the internal control horizon related to AI and other technologies.
Prerequisites
None
Designed For
Accounting and other business professionals with a need to understand internal control changes driven by AI technology
Objectives
Once participants have completed this session, they should be able to: Recognize changes that are occurring because of AI; Recall specific control types that have changed, and Identify ways AI will strengthen controls
Leader(s):
Leader Bios
Karl Egnatoff, The Garvs LLC
Karl Egnatoff is a Certified Public Accountant (CPA) currently living in Myrtle Beach, South Carolina. He has worked as an information technology services provider, a trainer and a programmer related to financial and business technology projects since 1995. Prior to this, Karl worked in public accounting as well as in private sector accounting for a period of approximately six years. He has been teaching group live and web-based continuing education since 2006. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP). Karl is a member of the West Virginia Society of Certified Public Accountants, the American Institute of Certified Public Accountants, and the Information Technology Section of the American Institute of Certified Public Accountants. He has also achieved a number of technology certifications including Microsoft Certified Professional (MCP), Certified Software Engineer (CSE) and Certified Integration Developer (CID). During the course of his career, Mr. Egnatoff has owned and operated a number of successful businesses. Karl graduated from Marshall University with a Bachelor of Business Administration degree. During his time in college he participated in division I Cross County competing on the varsity squad. He was also on Marshall’s Track team. Karl and his wife Lana live in Myrtle Beach, South Carolina and have been married since 1990. They have two grown sons, Jordan and Steven.
Non-Member Price $210.00
Member Price $190.00