Name: Responsible AI and the EU AI Act: How to Prepare Your Business
Start: 2024-06-04T14:57:00Z
End: 2024-06-04T14:57:59.000Z
Location: BrightTALK
Rating: 0

AuditBoard is the leading cloud-based platform transforming audit, risk, compliance, and ESG management. Nearly 50% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fifth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.

Last year, AI broke into the mainstream and business use cases with the advent of generative AI and large language algorithms (LLMs). IDC predicts that AI spending will continue to accelerate to over $301 billion globally by 2026. 

Despite all the buzz, a recent Gartner survey reveals that over half of organizations don’t have an internal policy on generative AI — opening them up to potential ethical, legal, and privacy risks.

This session will discuss the challenges organizations face as a result of AI’s rapid adoption and offer guidance on how to develop policies for responsible use and minimize risks.

From this session, you'll be able to:
 - Describe how enterprises are currently leveraging AI in business contexts.
 - Discuss risks and challenges associated with AI adoption.
 - Develop a comprehensive AI usage policy that enables innovation while mitigating risks.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

AI Goes Mainstream: What Enterprises Need to Know

Since The IIA introduced new global internal audit standards in January 2024, there's been much discussion about these standards, their changes, and internal audit's compliance plans. In this AuditBoard webinar, we'll share perspectives from the front line on how internal audit teams of all sizes are strategizing and taking action to conform to these new standards. You’ll hear how audit leaders are building support from key internal stakeholders and we’ll help you identify areas where continuous improvement or change is needed to adapt in 2025.

From this webinar, you'll be able to:
 - Gather perspectives on internal audit teams' plans to comply with the new IIA standards.
 - Understand the perceived and actual gaps that internal audit teams might have, along with action plans to achieve the desired state of conformance.
 - Identify areas within the IIA’s standards that can inspire improvements to internal audit's methodology.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Front Line Perspectives on Adhering to The IIA's New Global IA Standards

None of us are as ethical as we think we are. 
 
All evidence points to the fact our society is not getting any better ethically. The number and variety of recent scandals proves our culture has changed in the last half-century to one with a greater emphasis on self, ignoring or rationalizing any unethical behavior involved in our decision-making or actions. You might say you are ethical and perhaps that everyone at your organization is as well. It’s time to see if you and the leaders at your organization are truly walking the talk.

From this webinar, you'll be able to: 
 - Identify The Big Me character choice in real-life fraud, ethics, and audit cases.
 - Recognize blind spots that exist and why they lead to being The Ethical Rationalizer.
 - Select personal values and create an ethical mantra to become The Everyday Ethical Auditor.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Say Something, Even If: Becoming the Everyday Ethical Auditor

The SEC's final rule on Climate-Related Disclosures marks a significant step toward corporate transparency, reflecting the demand for more consistent, comparable, and reliable climate risk reporting. As climate-related disclosures become mandatory, comprehensive carbon accounting technology within a robust risk management framework is crucial for compliance, highlighting the importance of audit-ready carbon metrics in broader Environmental, Social, and Governance (ESG) program management.

This webinar delves into the recent developments in ESG regulations, including the SEC Climate Disclosure Rule, California’s Climate Accountability Package (SB-253 and SB-261), the International Sustainability Standards Board (ISSB), and the Corporate Sustainability Reporting Directive (CSRD).

Explore the scope and applicability of these regulations, providing guidance on prioritizing compliance efforts and emphasizing the importance of interconnected internal controls to enhance data quality. This is particularly crucial for companies gearing up for ESG assurance processes. Experts from Persefoni will lead an in-depth discussion on GHG disclosure requirements.
What you'll gain from this webinar: 
 - Navigate the intricate ESG regulatory landscape and align organizations with emerging frameworks, standards, and regulations.
 - Discuss the collaborative approach essential for success, highlighting the synergy required among internal audit, finance, risk, and sustainability teams.
 - Use effective strategies for collecting the right data, identifying key emissions sources, and mastering climate risk data management to ensure reporting compliance.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Navigating ESG Regulations: Strategies and Insights for Climate Risk Reporting

As we come up on almost one year after the regulations were announced, companies are still struggling to implement best practices for their cybersecurity programs. This webinar will discuss the top challenges companies are experiencing (i.e., determining materiality, disclosing in the right amount of time, ownership for remediation activities), and how to build out a robust program to manage the requirements and overcome these challenges.

At the end of this session, attendees will be able to:
 - Describe the impact to their business as a result of the new SEC cybersecurity disclosure ruling and resulting process changes.
 - Implement a strategic approach to help standardize processes across teams.
 - Prioritize the right technology to help them comply with the ruling.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Decoding the New SEC Cybersecurity Ruling

With the passage of the EU’s AI Act — which has been likened to the GDPR for artificial intelligence —  it is essential for businesses to address the impact of AI on their future strategies and operational frameworks. Internal auditors must understand the effects of such rapid technological advancement on their companies’ risk landscape – as well as the potential opportunities cutting-edge technology presents  for enhancing audit processes. Balancing AI’s potential as a key catalyst for growth with the growing risks these technologies bring will require internal audit to step into a leadership role in helping their businesses prepare for compliance with the new and evolving AI regulations.

In this webinar, you will learn from industry experts how to put safeguards in place, including:
 - An overview of the EU’s AI Act, and internal audit’s role in preparing for compliance
 - Guidance to follow in assessing the risks of internal AI technology
 - Procedures to consider the alignment of AI application with a company’s broader business strategy
 - Testing of management controls to mitigate the risks of potential errors or inaccuracies associated with AI technology

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Is Your Business Prepared for the EU AI Act: Internal Audit’s Critical Role

Return to work, the great resignation, quiet quitting, agile resourcing, upskilling — there is no shortage of talent themes and buzzwords keeping people leaders and HR business partners on their toes. These challenges impact how companies operate, how audit engagements are executed, and how audit plans are completed. Audit leaders are uniquely positioned to build engagement to create high-performing teams. While these teams may not be immune to the next "big thing", genuine trust, coaching, inclusion, and care will differentiate high-impact audit, risk, and compliance functions. In this session, audit leaders will share the strategies that have worked well for them in this area (and what hasn’t worked as well).

From this session, learn to:
- Develop your teams to build engagement and connectedness.
- Create inclusion across country lines.
- Develop employees that benefit the company after their role in audit. 
- Adapt different skill sets to be nimble in a challenging talent environment.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Engaging an Inspired Audit Team

Starting, maturing, or completely rebuilding a risk management program and posture within an organization can feel like an insurmountable initiative. With the right priorities and plan, however, it can be the key to achieving business growth. Not sure where to begin? Join us for an open discussion with risk leaders across a variety of industries to understand how they jumpstarted enterprise risk management (ERM) and operational risk management (ORM) programs during their tenure. 

From this session, learn to:
 - Take key steps to get started with risk management.
 - Describe the key functions for partnership in the absence of a dedicated team.
 - Engage company leadership from the onset of your program.
 - Apply best practices to ensure your ERM/ORM program is set up to scale at your organization. 

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Scaling Risk Management Programs for Success

After almost four years of perpetual risk-induced disruption, internal auditors are ready to put the era of permacrisis behind them. But 2024 will likely bring more of the same. Join Richard Chambers for this impactful webinar, with a focus on the key lessons learned in the past year, the challenges and opportunities that lie ahead for internal auditors, and five imperatives that every internal auditor should commit to this year.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Top Imperatives for Audit Leaders in 2024

In an era of accelerating risk turbulence, boards and their audit committees face daunting corporate oversight challenges. One resource that is frequently underutilized is the company’s internal audit function. Audit committee members are often unaware or unconvinced of the value internal audit can provide. This session will explore the factors that contribute to suboptimal internal audit relationships with their audit committees and proven strategies for fortifying relationships before it is too late.

At the conclusion of this session, participants should be able to:
 - Better articulate internal audit stakeholder expectations in 2024
 - Understand how the dynamic risk environment is impacting the role of governance oversight
 - Describe the value of timely risk-informed communications with the board and C-suite
 - Discuss key strategies for earning and sustaining stakeholder trust
 - Articulate the vital role technology will play in next-generation internal audit functions

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Fortifying Audit Committee Relationships: CAE Strategies for Success

The new challenges businesses faced in the past four years have had a significant impact on how companies operate and how internal audit provides value to their organization. This has resulted in business leaders asking for more from Internal Audit. So much so that the scope of Internal Audit may be expanding to include roles and participation in other audit, risk, and compliance functions. 

This session will uncover the results from the 2024 survey of 200+ Internal Audit leaders: 
 - What are newer roles and responsibilities Internal Audit is being asked to carry out?
 - What are common themes and characteristics of Internal Audit teams with an expanding remit?
 - How can Internal Auditors better align people, processes, technologies, and strategies for their audit, risk, and compliance responsibilities? 

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

The Expanding Remit of Internal Audit

In today’s rapidly evolving digital landscape, technology advancements are quickly making traditional, siloed approaches to compliance and risk management obsolete. To effectively navigate complex regulatory environments and mitigate emerging threats, organizations must adopt a modern, cross-functional, connected risk approach that aligns people, processes, and technology across the enterprise.

This webinar will explore how teams who are embracing connected risk put their organizations in a position to make informed, risk-based decisions to help secure and scale their business. Join us as HubSpot uncovers how they and their team centralize critical data, collaborate across the three lines of defense, and report key business findings to their executive leadership team.

In this session, learn how to:
 - Describe the importance of breaking down silos and elevating risk teams’ collaboration to new heights.
 - Discuss how successful risk teams establish frameworks that empower seamless communication and synergy.
 - Apply strategies to cultivate a culture of collaboration, accountability, and continuous improvement within your team.
 - Create strategies that recognize the interconnected nature of risks, providing a resilient defense against potential threats.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

A Strategic Unity: How HubSpot Is Optimizing Risk Teams

The future of internal audit is an evolving landscape that’s constantly being shaped by new risks, trends, and challenges. To stay ahead of the curve, auditors will need to embrace new technology and approaches to keep up with the pace of changing business needs and regulations, enhance audit quality, and maintain the trust of stakeholders. But while emerging technology and trends can bring great benefits, such as the use of generative AI tools like ChatGPT to increase efficiency, they also come with a varied set of substantial risks.

What new and innovative tactics are audit departments using today?  How can you use them effectively while keeping current limitations and risks in mind? Learn the keys to leveraging new technology and trends, including where to start, successful use cases, the pitfalls to avoid, and what’s likely to come next in this session.

At the end of this session, you will be able to:
 - Describe emerging trends and technologies shaping the future of internal audit.
 - Apply emerging technology and new approaches in their internal audit program.
 - Understand the current limitations and risks associated with new technology and successful strategies to mitigate them.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Staying Ahead: Leveraging Emerging Trends in Automation, Analytics, and AI

Maintaining an enterprise risk management (ERM) program that is adjacent to your strategy can be foundational to unlocking transformational growth. There is always an opportunity to introduce accelerators that increase the effectiveness of your ERM programs. Learn about some of these accelerators in this session, from forming a strong risk committee to implementing a framework to understand and codify risk appetite.

In this session, learn how to:
 - Discuss how risk and strategy interrelate to produce strategic growth.
 - Form a high-performing risk steering committee.
 - Describe the importance of a light, easy to understand risk appetite framework.
 - Implement methods to drive risk-based approaches as part of your culture.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Enterprise Risk Management Program Accelerators

Diversity, equity, and inclusion (DEI) is an ever-important topic for companies today as teams continue to struggle with attracting and retaining top talent. In fact, fostering an inclusive and diverse work environment often has other positive business outcomes, like higher productivity, profitability, and cost reduction. Yet there’s often a misconception that only individuals with certain characteristics can successfully contribute to specific roles in an organization and be effective leaders, particularly with regard to neurodivergent individuals (e.g., those with autism, ADHD, learning disabilities).  We see this misconception shattered when we learn the origin stories of successful leaders like Bill Gates (ADHD), Barbara Corcoran (dyslexia), Bill “Bond King” Gross (Asperger’s), and Elon Musk (autism spectrum). 

So how do you help drive DEI initiatives to ensure that neurodivergent individuals are included in the workplace and are given opportunities that are impactful for both the individual and companies alike? How do you successfully collaborate with these individuals and how do you help them progress their careers from individual contributors to leaders? Join Nancy Yuen, Senior Director of Global SOX and Audit Compliance, as she answers these questions through an inspiring session on the importance of DEI, its impact on the neurodivergent community, and the power of emotional intelligence in today’s modern workplace.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Navigating DEI: Embracing Neurodiversity as a Competitive Advantage

Over the past two years, many organizations have faced challenges with their SOX programs. Increased time spent on control documentation, a higher number of deficiencies, and more time spent satisfying external auditors have reduced the time that internal audit and control teams can devote to initiatives that add more value.

Join Tom O'Reilly, Field Chief Audit Executive and Connected Risk Advisor at AuditBoard, where he will share practices and strategies of modern SOX programs. He will discuss six core tenets — educate, eliminate, delegate, automate, advocate, and increase reliance — to decrease time and resources devoted to SOX, with the ultimate goal of taking on more strategic audit, risk, and compliance work.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Upleveling Your SOX Program in 2024

In this webinar, discover how advanced analytics are transforming internal audits and SOX compliance amidst today's volatile risk landscape. Amid unprecedented challenges, advanced analytics are powerful tools for identifying, mitigating, and responding to emerging risks in a world of diverse digital data.

Despite proven benefits, adoption varies across industries due to resource constraints and the allure of the status quo. Many internal audit teams are unfamiliar with leveraging analytics for automation, unsure of where to begin. In this webinar, we'll delve into the challenges facing audit teams and why embracing advanced analytics is crucial for relevance.

We'll also provide insights into two use cases for integrating analytics automation into SOX and internal audit workflows. Following this webinar, participants will be able apply new methods to challenge and transform established norms, ultimately enhancing the value delivered to the business.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Rising to the Audit Analytics Challenge: How to Prioritize Efficiency & Accuracy

It is no secret that expanding organizational risk profiles, tighter regulations, and rising stakeholder expectations create a demanding assurance landscape for internal audit organizations in the financial services (FinServ) sector. What is frequently overlooked is how traditional audit processes and methodologies limit real-time visibility into risk, hinder agility needed to address changing risk, and mask business-impacting insights. 

These insights are crucial to advise and partner with the broader organization, and their absence increases the risk of regulatory noncompliance. 

Join us for this webinar to see how integrating aspects of agile auditing provides the flexibility needed to respond and react to the rapid shifts in risk exposure that financial services organizations face.

    * CPE: This is a webinar recording. Credits are not offered for on-demand viewing.

Transforming Audit to Combat Financial Services' Heightened Risk Exposure

A recent CFO Outlook Pulse Survey indicates that the majority (65%) of CEOs say artificial intelligence (AI) is a force for good, and 71% are already using AI in their approach to transactions. However, this embrace of AI is not without hesitation of:
• The ethical implications of AI
• Third-party, cyber, and algorithmic risks 
• And the unintended consequences of AI hallucinations.

The EU AI Act is one of many recently established laws regulating AI usage, intended to stave off the concerns above in favor of more responsible AI.

Watch this webinar to understand the 9 pillars of responsible AI, to view a detailed look at the EU AI Act (including scope and implementation timelines), and the essential role of internal audits in the Act’s compliance.

Responsible AI and the EU AI Act: How to Prepare Your Business

Audit

Finance Directors

Compliance

Governance Risk Compliance (GRC)

EU Regulation

Artificial Intelligence

Machine Learning

Data Science

Generative AI

AI models

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Responsible AI and the EU AI Act: How to Prepare Your Business

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