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Artificial Intelligence (AI) 101 For Audit Committees


Date:January 18, 2024
Location:Virtual

Event Recording

Audit Committee Effectiveness: A Webinar Series

Welcome to Audit Committee Effectiveness: a webinar series brought to you by the Center for Audit Quality and the National Association of Corporate Directors. The series explores key takeaways and insights from leaders in the financial reporting ecosystem alongside resources developed to aid audit committees and public company board members. Stay tuned to this page for information about topics, participants, and how to register for upcoming webinars.

CAQ NACD

The increasingly rapid adoption of artificial intelligence-enabled technology has sparked a dialogue about how to encourage innovation while addressing the associated risks. AI has been around for decades but the advancement in the past 18-months, powered by the likes of OpenAI’s ChatGPT and Google’s Bard, is capturing the attention of corporate leaders around the world.  AI is increasingly finding its way into product design and even non-tech companies are already monetizing new products with embedded AI.

Companies are excited about the prospects AI can offer; at the same time, there are concerns about the elevated risk profile it introduces. Corporate boards are focusing on better understanding the technology and establishing guardrails to ensure risks of information security, data quality, hallucinations, and other areas are appropriately managed. Join the CAQ and NACD for a webinar to learn about what AI is and isn’t, examples of how businesses are using the technologies that encompass it in financial reporting, and what questions boards should ask of corporate management.

Note: CPE available only to participants who joined the live webcast.

Participants

Vanessa Teitelbaum, CPA

Vanessa Teitelbaum, CPA

Senior Director, Professional Practice

CAQ

Richard Jackson

Richard Jackson

Global Artificial Intelligence Assurance Leader

EY

Cory Hrncirik

Cory Hrncirik

Modern Finance Lead

Microsoft

Linda Zukauckas

Linda Zukauckas

CAQ Audit Committee Council member

TransUnion Audit Committee, Zelis Audit & Compliance Chair

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