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The AI Advantage in Auditing: Modernize Your Practice

THE AI ADVANTAGE IN AUDITING: MODERNIZE YOUR PRACTICE

Available Date(s)
Tuesday, November 26, 2024: 3:00PM EST
Wednesday, December 11, 2024: 3:00PM EST

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Auditing
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

Join our engaging webinar that delves into the pivotal role of AI in revolutionizing auditing practices, with a specific focus on Generative AI (GenAI) to elevate audit processes. Discover how GenAI streamlines planning, documentation, and audit procedures, enhancing efficiency and effectiveness. Attendees will gain insight into the advantages of automated checklist completion, timely guidance, and ethical implications of AI in auditing, as well as the evolution of audit practices through AI-driven tools. Our experts will show how Thomson Reuters technology facilitates advanced data analysis and risk identification, paving the way for modernized audit practices.

Learning Objectives:


  • Define how GenAI streamlines planning, documentation, and audit procedures

  • Recognize Thomson Reuters' dedication to ethical AI and its impact on auditing processes

  • Determine the modernization of audit practices and the significance of AI-driven tools

  • Demonstrate how Thomson Reuters Audit Intelligence enables sophisticated data analysis and risk detection 

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Dave was named General Manager of Audit for Thomson Reuters Tax & Accounting Professionals in September 2023, following Thomson Reuters’ acquisition of SurePrep earlier that year. His extensive experience and expertise in audit workflow are helping the Tax & Accounting Professionals business continue to grow and expand in the audit space. 

Previously, Dave was CEO of SurePrep, an end-to-end tax automation solution for tax professionals and taxpayers that he founded in 2002. Prior to SurePrep, Dave founded and was CEO of ePace! Software, a leading audit software package that was acquired by CCH in 2001, now called ProSystem fx Engagement. He started his career as a CPA with PwC. 

Dave earned a bachelor’s degree in economics from the University of California at Santa Barbara.

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Scott Spradling

Thomson Reuters
Executive Director, Audit Innovation
[email protected]

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Scott Spradling is Executive Director, Audit Innovation with Thomson Reuters. His professional passion is working with our teams to help audit firms apply progressive technologies in practical ways and allow auditors to do work that is faster, better, and more fun. Prior to joining Thomson Reuters, Scott was an auditor with KPMG.  He has over 30 years of experience and has worked as a strategic consultant to audit technology providers.  

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Steve Lindsey

Thomson Reuters
Director of Product Management
[email protected]

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Steve Lindsey, director of product management, leads the design and development efforts of Thomson Reuters’ online and desktop audit and assurance products. He has worked for Thomson Reuters for over 30 years, first as an editor and author of audit and accounting guidance and later leading the development of Thomson Reuters’ audit software product line, including Checkpoint Tools, SMART Practice Aids, and Checkpoint Engage. 

Steve is a CPA and has been active in the accounting profession for over 40 years. He began his career in public practice working with KPMG and a small, local firm in Fort Worth, Texas. The hands-on experience gained providing audit, accounting, and tax services to clients ranging from small businesses to multinational companies gives him a unique understanding of the challenges faced by CPAs and their clients today.

Additional Materials
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About Our Presenter

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Thomson Reuters (TSX/NYSE: TRI) (“TR”) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world-leading provider of trusted journalism and news. For more information, visit tr.com.