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Use of technology in an audit of financial statements – Risk Assessment
Audit & Assurance
Webcast

Use of technology in an audit of financial statements – Risk Assessment

Learn to increase the efficiency, effectiveness and quality of your risk assessment procedures as required under SAS No. 145 by using technology and automated tools and techniques.

$125 - $149
Do you have an AICPA or CIMA membership? Log in to apply your member discount.

Format

Webcast

Date

Sep 18, 2025

NASBA Field of Study

Auditing

Level

Intermediate

CPE Credits

2

Instructor

Samantha Bowling, Sara Watson

Availability

Product Number

WC4956112

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Product Details

How technology can help auditors improve efficiency, effectiveness and quality

Auditors are perpetually in pursuit of enhancing the efficiency and effectiveness of their audits while upholding consistently high standards of quality. The integration of technology into the audit process can seamlessly accomplish these objectives.

Join us as we delve into the insights of two distinguished members of the AICPA Auditing Standards Board's Technology Working Group, including its chairperson. You'll learn how technology can empower auditors to navigate the escalating demands of modern audits, particularly in the face of overwhelming data volumes, by harnessing available tools.

Our presenters discuss common reasons auditors may resist using technology and why those reasons, even more commonly, are not always valid.

Once you have an understanding that overcoming barriers to entry is possible, the Technology Working Group experts will guide you through the audit process. You'll explore key junctures where automated tools, techniques and commercial software solutions can revolutionize your audit methodology for the better.

Our presenters then return to examine, in detail, how technology can help auditors during one of the most important steps in the process, the risk assessment. Highlighting benefits to efficiency and effectiveness, the new AICPA practice aid “Use of technology in an audit of financial statements” is the focus. Part I of this evolving practice aid takes a deep dive into risk assessment procedures. Walking through examples allows you to see how the guidance in the practice aid can assist in your daily work.

Key Topics

  • Commonly reported barriers to adopting technology and overcoming them
  • Illustrating where technology can improve the audit process
  • Using technology to increase the efficiency and effectiveness of your risk assessment process

Learning Outcomes

  • Identify the perceived barriers and solutions to the introduction of technology tools into the audit process.
  • Recall the areas where technology can benefit a practitioner when performing an audit.
  • Identify the benefits of using technology when performing audit risk assessment procedures through a detailed example.

Who Will Benefit

  • Auditors, mainly experienced senior staff and managers
  • Smaller firm practitioners performing audits
  • Auditors looking to increase their skills, efficiency and effectiveness
Credit Info
CPE Credits
2
NASBA Field of Study
Auditing
Level
Intermediate
Prerequisites
Working knowledge of GAAS and the audit risk assessment process.
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
2 hrs
For more information, please refer to CPE requirements and NASBA sponsorship information
Pricing
Do you have an AICPA or CIMA membership? Log in to apply your member discount.
Nonmembers
$149.00
AICPA Members
$125.00
CIMA Members
$125.00

Group ordering for your team

2 to 5 registrants

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6+ registrants

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US customers call 1-800-634-6780 (option 1)

Contact us
Speakers
Samantha Bowling
Samantha Bowling, CPA, CGMA, is the Managing Partner and Audit Partner at GW CPA. Samantha has led the initiative for embracing technology and innovation in all areas of business services and internal processes during her 30 years with GW CPA. Samantha and her team have successfully integrated artificial intelligence in auditing for small businesses and non-profits. As an early adopter she is providing valuable input to help make the technology more usable for other firms. Samantha Bowling held the position of MACPA’s Chair for fiscal year ending June 30, 2019. Founder and Chair of the MACPA’s task force for Equality, Diversity and Inclusion, co-founder and a mentor for the MACPA’s Mentoring Program. She has spent six years on the AICPA’s governing Council. She is the supporter and sponsor of the MACPA’s Women to Watch Awards and the MACPA’s Student Leadership Academy. In October of 2018, Samantha was awarded the 2018 Innovative Practitioner Award by CPA.com for her work in implementing artificial intelligence (AI) into her own firm as well as talking and engaging the future of AI and the impact on accounting globally. Samantha is a frequent speaker on various audit, accounting and technology topics. She has been featured in the Journal of Accountancy, Bloomberg and The Statement regarding technology and the transformation of the CPA profession.
Sara Watson
Sara is a Director in the Professional Standards Group and the Assurance Quality Leader for the Charlotte, N.C., practice unit of FORVIS, LLP where she focuses on technical assurance and accounting matters. She was previously a member of the firm's Assurance Methodology and Innovation team and spent several years as a consultant on the AICPA's Dynamic Audit Solution project. She is currently a member of the ASB's Technology Working Group. Sara is a licensed CPA in Alabama and North Carolina.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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