Dates : 17-18 June 2024
The training is 2x1/2 day from 9:30 to 12:30
Deadline to register : 3 June 2024
CPE Points : 7
Online training
Instructor: Dr. Dominik FoerschlerManaging Director | Senior Equity PartnerAudit Research Center | ARC-Institute
 
Effective use of ChatGPT, LLM along the internal audit process
- Use the power of ChatGPT, productivity enhancement for every sub-process of the audit –
 
Increase your daily audit productivity! Dive into the fascinating world of effective use of ChatGPT in internal auditing. Make your daily auditing work easier with this advanced language model.
In our audit training, you will be introduced to how ChatGPT works and how this powerful model was developed. You will understand how it was trained and what data sources were used to create a model based on an amazing wealth of practical usable knowledge.
Discover the many possible use cases along the audit value chain. Learn how it works appropriately and find out more about proven best practices to optimise your audit results and audit procedures.
 
The internal audit in the digital transformation
Digitalisation and Internal Audit
Lean audit techniques for more efficiency
Actively shaping digital transformation in auditing
Understanding ChatGPT
Background to the model ChatGPT as an advanced language model
Large Language Model (LLM) what is behind it? And how does it work?
Highlighting the many possible applications of ChatGPT
How ChatGPT works
Explanation of the model training and data source
Description of the GPT architecture model and its capabilities
Integration of ChatGPT into the internal audit process
Discussion of the challenges and opportunities in integrating ChatGPT along the audit sub-processes 
Tips for optimising interactions with the model
Approaches to improve the quality and reliability of the generated responses
Ethical considerations and possible risks when using ChatGPT
Best practices for the use of ChatGPT along the audit value chain
Design of the audit universe
Effective use in risk analysis, audit risk assessment
Preparation of audit guidelines
Analysis control design rethought in the context of process auditing
Systematic selection of analytical audit procedures and appropriate sample
Anticipatory audit interview approach
Faster and error-free preparation of the audit report
Audit live demonstration and practical exercises
Conducting a live demonstration of the use of ChatGPT in an application
Interactive exercises where participants can experiment with ChatGPT themselves and ask questions
Joint summary and outlook
Conclusion and practical guide
Outlook for the use of Generic AI in Internal Audit