AI for Internal Audit: Continuous Auditing and Control Testing
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AI for Internal Audit: Continuous Auditing and Control Testing

Accounting and Finance 0 live dates
No scheduled sessions found Contact us Get up to 50% Discount for Group Participants.
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Seminar content

What you will learn

Why Attend

Internal audit functions are increasingly expected to provide timely assurance over complex business processes, digital transactions, financial controls, and emerging risks. Traditional audit approaches based on periodic reviews and limited transaction samples may fail to identify control failures, unusual activities, and emerging risk patterns early enough for effective management action.

The AI for Internal Audit: Continuous Auditing and Control Testing course develops practical capabilities for applying artificial intelligence, machine learning, process mining, data analytics, and intelligent automation to internal audit activities. Participants learn how to analyze complete transaction populations, develop continuous auditing routines, identify control exceptions, evaluate anomalies, and use AI-assisted techniques to strengthen audit planning, fieldwork, reporting, and follow-up.

The programme emphasizes practical applications across finance, procurement, payroll, inventory, and enterprise systems while addressing data quality, false positives, explainability, confidentiality, and the professional judgment required when using AI-generated audit evidence.

Professional Problems This Course Is Designed to Solve

  • Delayed identification of control failures: Using continuous auditing and automated testing to detect unusual transactions, policy violations, and control exceptions between scheduled audit engagements.

  • Limited audit coverage: Moving beyond small transaction samples by applying data analytics to complete populations of financial and operational records.

  • Manual and repetitive control testing: Reducing time spent extracting data, reconciling records, checking approvals, and identifying exceptions through repeatable analytical procedures.

  • Difficulty detecting sophisticated anomalies: Applying statistical analysis and machine learning to identify unusual patterns, duplicate payments, suspicious transactions, and potential control weaknesses.

  • Fragmented audit data: Combining information from ERP systems, financial applications, procurement platforms, payroll systems, and operational databases for more effective assurance.

  • Unreliable AI-generated audit findings: Managing false positives, incomplete data, model limitations, unsupported conclusions, and insufficient audit evidence.

  • Weak follow-up on control deficiencies: Developing dashboards, exception management workflows, and continuous monitoring indicators that support timely remediation and management accountability.

Course Methodology

The programme combines instructor-led technical sessions, audit analytics demonstrations, realistic transaction datasets, control-testing workshops, AI-assisted audit exercises, case studies, and practical simulations. Participants explore workflows using Excel, Power BI, SQL, Python-based analytical techniques, and generative AI assistants where appropriate.

Exercises focus on audit objectives, data requirements, testing logic, exception analysis, evidence validation, and the communication of audit findings. Participants progressively develop a continuous auditing framework and an AI-supported control-testing approach for selected business processes.

Course Objectives

By the end of this course, participants will be able to:

  • Understand the applications and limitations of AI in internal auditing

  • Distinguish continuous auditing from continuous monitoring and periodic assurance

  • Identify business processes suitable for automated control testing

  • Extract, prepare, and validate data from financial and operational systems

  • Develop analytical tests for key financial and operational controls

  • Apply anomaly detection techniques to identify unusual transactions and potential control failures

  • Use process mining concepts to examine workflow deviations and control effectiveness

  • Apply generative AI to selected audit planning, documentation, and reporting activities

  • Design dashboards and exception reporting mechanisms for continuous auditing

  • Evaluate AI-generated results and maintain sufficient, reliable audit evidence

  • Address privacy, cybersecurity, model risk, and governance considerations

  • Develop an implementation roadmap for AI-enabled continuous auditing

Target Audience

This course is suitable for:

  • Internal auditors and senior internal auditors

  • Internal audit managers and heads of internal audit

  • IT auditors and information systems auditors

  • Risk management and compliance professionals

  • Internal control specialists

  • Fraud examination and investigation professionals

  • Financial controllers and assurance professionals

  • Audit analytics and business intelligence specialists

  • Governance, risk, and compliance managers

  • Professionals responsible for continuous auditing and control monitoring

Target Competencies

Participants will develop competencies in:

  • AI-enabled internal auditing

  • Continuous auditing

  • Automated control testing

  • Audit data analytics

  • Transaction anomaly detection

  • Process mining

  • Risk-based audit analytics

  • Audit evidence validation

  • Continuous assurance dashboards

  • AI governance and audit quality

Benefits

Why attend this seminar

  • Build current, practical knowledge in accounting and finance.
  • Translate the course ideas into actions you can use immediately at work.
  • Review real schedule options across 15 venues and live dates.
  • Connect course detail, venue, and category routes in one workflow.

Methodology

How the course is delivered

  • Structured seminar input and guided discussion.
  • Applied examples using current business situations.
  • Focused explanations based on the stored overview and outline.
  • Clear next steps for implementation after the course.

Target audience

Who this is for

  • Professionals responsible for accounting and finance.
  • Managers, specialists, and team leads who need applied skills.
  • Participants looking for a focused route into AI for Internal Audit: Continuous Auditing and Control Testing.

Seminar details

Detailed outline

Day 1: AI-Enabled Internal Auditing and Continuous Assurance

  • Examining how artificial intelligence, machine learning, generative AI, and data analytics support risk-based internal audit activities

  • Distinguishing continuous auditing, continuous controls monitoring, and conventional periodic audit engagements

  • Identifying opportunities for AI-assisted assurance across financial reporting, procurement, payroll, inventory, and operational processes

  • Mapping business risks to key controls, audit assertions, transaction data, and measurable control-testing criteria

  • Evaluating data availability, system access, audit trails, data quality, and technology readiness for continuous auditing

  • Practical exercise: Developing a continuous auditing use-case map linking audit risks, key controls, required datasets, and expected assurance outcomes

Day 2: Audit Data Preparation and Automated Control Testing

  • Extracting and combining audit data from ERP applications, accounting systems, procurement records, payroll databases, and transaction logs

  • Preparing audit datasets using SQL, Excel, and Power Query to address duplicates, missing values, inconsistent formats, and incomplete records

  • Designing automated tests for approval limits, segregation of duties, duplicate payments, unauthorized transactions, and policy compliance

  • Applying full-population testing, reconciliation procedures, rule-based analysis, and exception identification to financial and operational controls

  • Establishing repeatable testing workflows with documented logic, data validation checks, and traceable audit evidence

  • Practical workshop: Building automated control tests for accounts payable and procurement transactions, including exception identification and supporting evidence

Day 3: Machine Learning, Anomaly Detection and Process Mining

  • Understanding supervised and unsupervised machine learning applications for audit risk identification and transaction analysis

  • Applying statistical outlier detection, clustering concepts, and pattern analysis to identify unusual financial and operational activity

  • Investigating duplicate vendors, abnormal payment behaviour, unusual journal entries, transaction splitting, and potential fraud indicators

  • Using process mining concepts to analyze event logs, identify process deviations, and examine approval and authorization workflows

  • Evaluating model outputs through false-positive analysis, explainability, validation, and professional assessment of potential control failures

  • Case study: Analyzing a procurement transaction dataset to identify anomalies, investigate exceptions, and distinguish control weaknesses from legitimate business activity

Day 4: Continuous Auditing Dashboards and AI-Assisted Audit Workflows

  • Designing continuous auditing routines with defined testing frequency, data refresh requirements, control thresholds, and exception escalation procedures

  • Developing Power BI dashboards to monitor control exceptions, transaction anomalies, risk indicators, and remediation status

  • Establishing risk-based alert thresholds and exception prioritization methods to reduce unnecessary investigations

  • Applying generative AI to audit planning, risk-control matrix development, working-paper summaries, and draft audit observations

  • Integrating analytical results into audit management workflows while maintaining reviewer approval, evidence traceability, and appropriate access controls

  • Practical workshop: Creating a continuous control-testing dashboard and exception management workflow for a selected financial or operational process

Day 5: AI Audit Governance, Assurance Quality and Implementation

  • Assessing AI-related audit risks involving data confidentiality, access permissions, algorithmic bias, model reliability, and cybersecurity

  • Establishing validation procedures for AI-generated findings, analytical models, automated tests, and supporting audit evidence

  • Defining responsibilities between internal audit, IT, data owners, compliance teams, and management for continuous auditing operations

  • Measuring continuous auditing effectiveness through control coverage, exception resolution time, testing efficiency, detection timeliness, and remediation performance

  • Developing a phased implementation roadmap covering use-case selection, technology requirements, staff capabilities, pilot testing, governance, and operational deployment

  • Capstone exercise: Designing and presenting an AI-Enabled Continuous Auditing and Control Testing Framework covering risk assessment, automated tests, anomaly detection, reporting dashboards, evidence validation, and implementation priorities

Dates and locations

Available seminar dates

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Course certificate

Certificate awarded on completion

Every participant who completes this seminar receives a professional course certificate from INFORAMTECH.

  • Participants receive an INFORAMTECH certificate for completing AI for Internal Audit: Continuous Auditing and Control Testing.
  • The certificate recognises attendance and successful participation in the seminar.
  • It can support professional development records within accounting and finance and related functions.
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Information about

Frequently asked questions

When is my seat confirmed?

Your seat is confirmed once full payment has been received.

Do you offer group discounts?

Yes, we offer the following discounts for group bookings:

  • 2 participants: 20% discount
  • 3 participants: 35% discount
  • 5 or more participants: 50% discount
Can discounts be combined with other offers?

No, discounts cannot be combined unless explicitly stated.

What payment methods do you accept?

We accept bank transfers, credit/debit cards, and selected online payment methods.

When do I need to pay?

Full payment must be completed before the course start date to secure your participation.

Is VAT included in the course fee?

VAT treatment depends on your location and status:

  • EU Companies (with valid VAT number): VAT may be reverse charged (0%)
  • EU Individuals (without VAT number): VAT is applicable based on local regulations
  • Non-EU Participants: VAT is generally not applicable (0%)
Can I get a VAT invoice?

Yes, all participants receive an official invoice. EU companies must provide a valid VAT number.

Can I cancel my registration?

Yes, cancellations must be submitted in writing.

What is your refund policy?
  • More than 14 days before the course: Full refund
  • 7-14 days before the course: 50% refund
  • Less than 7 days before the course: No refund
Can I transfer my seat to another person?

Yes, substitutions are allowed at no extra cost if requested before the course start date.

What happens if the course is postponed or canceled?

We reserve the right to reschedule or cancel a course due to unforeseen circumstances. In such cases, you may:

  • Transfer to another date
  • Receive full refund
Will I receive a certificate?

Yes, all participants will receive a certificate of completion after attending the course.

Is attendance mandatory?

Yes, full attendance is required to receive certification.

Are your courses online or in-person?

We offer both in-person and virtual (live online) training options.

Will course materials be provided?

Yes, all participants receive training materials in digital format.

Are travel and accommodation included?

No, participants are responsible for their own travel and accommodation unless otherwise stated.

Can you deliver customized or in-house training?

Yes, we offer tailored training programs based on your organization's needs.

How can I contact you for support?

You can reach us via email info@informatech.uk or through our contact form. Our team will respond promptly.

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