AI Masterclass for Auditors: Impact of Artificial Intelligence on Audit Evidence, Controls and Assurance (at Ocean Creek Resort)

Step into the Future of AI Audit Defensibility

This is not another AI awareness seminar. It is a structured Audit Masterclass designed for professionals who sign, review and defend assurance decisions.In an environment where artificial intelligence increasingly generates signals, risk scores and anomaly flags, audit opinions can no longer rely on intuition or surface analytics. They must be supported by defensible evaluation of machine-generated information. This Masterclass bridges international auditing standards with the operational realities of AI-enabled systems. Participants will examine how ISA 500, ISA 315 (Revised), ISA 240 and ISA 230 apply when evidence is derived from probabilistic models, automated controls and continuous monitoring environments. Through structured simulations and evidence stress tests, this programme equips auditors to evaluate AI outputs without confusing detection with sufficiency, and to document reliance decisions in a manner capable of withstanding regulator and Engagement Quality Review scrutiny.

Target Audience: Board Audit Committee Members, External Auditors (Managers, Senior Managers, Partners), Internal Auditors, Heads of Internal Audit, Engagement Quality Reviewers
Risk Managers, Compliance Officers with assurance oversight responsibilities, MLROs involved in independent AML audit functions, Finance leaders responsible for governance and control. environments

Learning Outcomes:

  • Evaluate AI-generated outputs against the sufficiency and appropriateness requirements of ISA 500.
  • Assess the design and operating effectiveness of AI-enabled controls, including exposure to concept drift, data integrity risks and alert fatigue.
  • Distinguish anomaly detection signals from audit evidence and determine when expanded procedures are required.
  • Document regulator-safe reliance decisions involving machine-generated information and automated monitoring systems.
  • Apply professional skepticism to AI-assisted environments while maintaining defensible human oversight.
  • Analyse independent AML audit exposure under FIAMLR Regulation 22(1)(d) within AI-monitored compliance systems.

Coach and Resource Person: Irshad JACKARIA – BCom, BCom (Hons), MSc, MCIPS, DInv, CFA. A practitioner-led coach bridging the gap between high-level financial risk and AI execution (complete profile available in our brochure).

Main Competencies Covered:

  • Audit Evidence in an AI Era
  • From sampling to signals — evaluating similarity logic, anomaly scoring and probabilistic outputs.
  • Control Reliance & Continuous Monitoring
  • Understanding assurance decay, system drift and escalation threshold failures.
  • Professional Judgment & Human-in-the-Loop Oversight
  • Defining non-delegable decisions and documenting review logic.
  • AI Risk in Financial Reporting & AML Monitoring
  • Examining how AI-enabled compliance systems affect audit reliance and independent review obligations.
  • Documentation & Defensibility Frameworks
  • Producing structured evidence classification notes, reliance memos and regulator-ready working paper extracts.
  • Third-Party & Data Integrity Risk
  • Assessing vendor AI systems, model governance exposure and assurance boundaries.

Live Lab 1 – AI-Era Audit Evidence Stress Test

  • Similarity-based transaction analysis
  • Anomaly classification under ISA 240
  • Evidence sufficiency challenge under ISA 500
  • Human oversight checkpoints and documentation drafting

Live Lab 2 – Joint Audit–Compliance Accountability Drill

  • AI-enabled AML monitoring scenario
  • Independent audit exposure under FIAMLR 22(1)(d)
  • Control degradation through concept drift
  • Regulator-style questioning: “Why did you rely?”

Standards: Professional, practical, real-life, up-to-date action-packed seminar. Training centre and courses approved by the Mauritius Qualifications Authority and fees are refundable by HRDC for company-sponsored participants. 

Venue: Ocean's Creek Resorts, Le Goulet.

Cost of training: Rs. 25,000 (MQA-Approved and HRDC Refundable up to 90%)  - Net Investment after HRDC Refund: Rs.2,500.

Course Schedule:
Date: WED 08th APRIL 2026             Time Schedule: 0815 - 1635

CLICK HERE TO DOWNLOAD OUR BROCHURE

CLICK HERE TO APPLY ONLINE

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