Skip to main content

Artificial Intelligence (AI) and Machine Learning: Practical Applications

-

(Check-In 8:15am EST)

Virtual

4.00 Credits

Member Price $219.00

Non-Member Price $309.00

Overview

You could pay $0 for this course!
This course qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% of the cost of training reimbursed. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks before the start date of the course to be eligible. The course code for this program is C-9275. To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org.

Artificial Intelligence (“AI”) and Machine Learning (“ML”) are being deployed 
in organizations large and small at a rapidly increasing rate. Your organization is likely testing, 
deploying and perhaps refining AI-powered applications across a variety of departments and 
business functions. Why should this matter to accounting, internal audit, finance and cyber 
professionals? Should our teams be testing and deploying also? 
During this interactive session we will demonstrate and describe the differences between chat- 
based AI search tools and more robust AI-powered applications such as one that we helped build 
to help prioritize and dispatch IT help desk tickets. The session will include example policies for 
responsible and ethical AI, and resources to help curious professionals learn more about these 
subjects. 
These technologies are powerful and quite capable, they are not without risk. After all, with great 
power comes great responsibility. These technologies can also be misused (accidentally or 
intentionally) to destroy value instead of creating it. 
We also discuss which is the greater risk; a) not using these new technologies or b) misusing these 
new technologies? Leading organizations have been using AI and ML. Successful leaders must be 
aware of the pros and cons and how to properly utilize these tools.


 

Highlights

  • Explain AI and ML and describe potential finance-related applications for both. 
       
  • Demonstrate the growth of AI and its importance in Capital Markets. (i.e., There seems to be 
  • a market premium on using AI - how do you make sure you use it wisely) Understand the 
  • relationships between data analytics and artificial intelligence (AI) and machine learning (ML). 
       
  • Discuss practical applications for AI and ML for Accounting, Finance, and Internal Audit. 
       
  • Discuss risks of AI and ML. 
     
  • Bookmark and share examples of ethical policies to help mitigate these risks. 
       
  • Summarize additional IIA resources available to help with understanding risks of AI and ML. 
       
  • How to develop better prompts to yield desired responses from AI inquiries. 
       
  • Compare and contrast leading AI tools, including Chat GPT, Gemini, Perplexity and Copilot. 

 

Designed For

Any?professional?or?leader?who?wants?to?remain?current?with?two?amazing? 
new?technologies,?specifically?AI?and?ML,?and?better?understand?how?impactful?they?are,?both? 
today?and?in?the?future.? 

 

Objectives

?Recognize?and?accept?that?AI?and?ML?are?important?new?technologies? 
that?will?impact?almost?every?organization.?Understand?the?risks,?advantages?and?the?issues?of? 
deploying?AI?and?ML.?To?better?understand?how?to?optimize?the?effectiveness?of?AI?and?ML.

Leader(s):

Leader Bios

Joe Oringel

Joe Oringel is a co-founder and Managing Director of Visual Risk IQ, a risk advisory firm that has helped hundreds of finance and internal audit teams see and understand their data using off-the shelf software like Tableau, SQL, Python, and PowerBI. Since 2006, the firm has completed hundreds of commercial and also public sector data science projects to helped shorten their clients’ time to insight and value.

Joe is also a co-founder of Service AI, a start-up that is building and commercializing an email-reading software robot that prioritizes and dispatches IT help desk tickets with limited human intervention. He is a CPA and Certified Internal Auditor, and earned his MBA at the Wharton Business School at the University of Pennsylvania.

Return to Top

Non-Member Price $309.00

Member Price $219.00