Synopsis:
In a rapidly evolving world where artificial intelligence (AI) is revolutionizing many facets of our lives, the world of auditing is no exception. Our understanding of traditional auditing roles and responsibilities is being challenged as we explore the potential of AI technologies to enhance efficiency and effectiveness. With these profound developments, a vital question emerges, can ChatGPT Substitute Auditors? My presentation brings to light an innovative perspective and promises an engaging discourse on this contemporary issue. The presentation has been designed to offer a comprehensive understanding of AI technologies, specifically the Language Model (LLM), Deep Neural Networks, Reinforcement Learning, and Transformers. The focus then shifts to the application of AI in auditing. Participants will learn how to harness the power of AI tools like ChatGPT to become a 'Turbo-auditor', a term signifying increased efficiency in auditing activities. Furthermore, they will be provided with an opportunity to assess the potential risks and benefits associated with the implementation of LLMs like ChatGPT, with a key emphasis on data privacy. The presentation also includes hands-on, real-life examples of how AI can be used to significantly decrease effort in various audit activities, potentially reducing up to 80% of the associated effort. Ultimately, this presentation seeks to provoke thought, promote discussion, and provide clarity on the pivotal question: Can ChatGPT indeed substitute auditors? This innovative exploration not only elucidates the practicality of AI in auditing but also invites us to envision and prepare for a future where AI might become an integral part of the auditing process.
Learning Objectives:
- Understand how artificial intelligence works (LLM, Deep neural networks, reinforcement learning, and of course, transformers)
- Grasp knowledge of how to use ChatGPT (or similar AI solutions) to increase the effectiveness of audit activities (to become a so-called “Turbo-auditor”)
- Assess risks and opportunities associated with LLM like ChatGPT (including data privacy)
- Receive an answer to the question: Can ChatGPT be an Auditor?
Speaker BIO:
Jan Anisimowicz is an experienced senior IT executive with 25+ years in Governance, Risk & Compliance (GRC), Data Warehousing, Business Intelligence, and Data Analysis. Jan has extensive expertise across telecommunications, banking, pharmaceuticals, and insurance, blending technical and business acumen to create and develop tailored IT solutions. Skilled in end-to-end product lifecycles, integrating technical design, marketing, sales, delivery, and maintenance. Advocate for lean, cost-effective regulatory implementations and AI’s role in Big Data and cloud audits. Strong supporter of blockchain, Quantum Computing, and AI innovations. Certified in CISM, CRISC, and PMP. Member of IIA and Board Member of ISACA Warsaw chapter (Edu Chair).