This course provides a concise overview of agentic artificial intelligence and its emerging role in audit and assurance. Participants will examine how AI agents differ from traditional generative AI by planning tasks, using software tools, taking actions, and completing multi-step workflows with limited human intervention. The course explores current audit applications, including substantive procedures, confirmations, risk assessment, disclosure testing, and continuous monitoring, while addressing new risks involving autonomy, permissions, prompt injection, multi-agent systems, and accountability. Participants will also examine regulatory developments, professional standards, controls, evidence requirements, ethics, liability, and the strategic implications of agentic AI for audit firms. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. This course qualifies for Yellowbook.
Learning Objectives
After attending this presentation, you will be able to...
- Identify the scope and key requirements of the AICPA NOCLAR ethics interpretations.
- Recall the auditor's requirements with respect to NOCLAR communication
- Recognize how Yellow Book addresses NOCLAR communications
Major Topics
The major topics that will be covered in this course include:
- Participants will review the scope of the interpretations
- The responsibilities of members in public practice and members in business
- Considerations involving confidentiality, communication, documentation, withdrawal, and further action in the public interest. Related requirements under SAS No. 147 and the 2024 Yellow Book, including how auditors must handle communications related to NOCLAR.
