Dbriefs
8 Aug.

AI and GenAI: Revolutionizing internal audit, risk, and controls

Innovation in Risk & Controls

Thursday, 02:00 p.m.  ET | 1 hr
Credits offered: CPE Event language: English

Participants will distinguish AI and GenAI’s significance in risk management, recognizing associated risks and devising strategies to help mitigate them.

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Key takeaways

Host: Geoff Kovesdy, principal, Deloitte & Touche LLP

Presenters: Alex Gacheche, internal audit executive, Meta
                       Korynne Bernard, principal, Deloitte & Touche LLP
                       Duane Higgins, partner, Deloitte & Touche LLP
                       Neil White, principal, Deloitte & Touche LLP

1.0 Overview  CPE credit | Information Technology

In this ever-evolving digital landscape, internal audit, risk, and controls professionals are leveraging advanced technologies to provide value. But how are artificial intelligence (AI) and Generative AI (GenAI) technologies transforming the way risk and controls are managed? We’ll discuss:

  • An overview of AI and GenAI technologies and their real-world applications
  • How these technologies are affecting businesses and providing much-needed insight and capabilities to risk management professionals
  • Related real-world risks and how organizations can be prepared to address these risks while also harnessing the power of AI

Meet the speakers

Geoffrey Kovesdy

Geoffrey Kovesdy

Deloitte Risk & Financial Advisory

Geoff has 20 years of experience, where he focuses on collaborating with his clients to develop bespoke solutions for their strategic opportunities & initiatives. This includes, but is not limited to risk management, digital transformations, process reengineering, business process outsourcing/insourcing, and ERP implementations. His experience involves leading client relationships through Internal Audit, Finance & Accounting, Compliance, Cyber Security, and Risk Management and he brings the firm’s assets to help his clients and their teams succeed. His specialization is risk management, where he spends a significant amount of time assisting his clients in modernizing and transforming risk management activities across the 3 Lines by utilizing digital / AI capabilities and innovative ways of working. This includes strategy development and implementation, facilitating lab sessions and training, and identifying and developing digital use cases and assets. In addition, Geoff is a member of our Internal Audit market offering and Accounting & Internal Controls Offering Portfolio Leadership Teams and leads our Dynamic Risk Assessment capability. He is also a member of our AI Advisory team of our Finance Transformation leadership team. Geoff has led IA, SOX and compliance activities for multiple Fortune 500 companies and has managed operational, regulatory compliance, strategic, financial, and IT IAs domestically and globally, as well as assisted with implementing enterprise risk management frameworks and conducting internal audit risk assessments. In addition, throughout Geoff’s time with Deloitte, he has helped to incubate and bring several new products, technology assets, and services to market and is a recognized speaker at several industry and domain conferences on the topics of Risk Management, Digital Risk Management, AI, Analytics, and automation, and Risk Excellence (Coordinated Assurance).

Neil White

Neil White

Principal | Deloitte & Touche LLP

Neil runs Deloitte’s Center of Excellence and is globally responsible for Internal Audit Analytics, addressing analytics for risk dash-boarding, continuous controls monitoring, fraud, and forensics analytics. As a principal in Deloitte & Touche LLP's Risk & Financial Advisory practice, and a national leader in the Deloitte Analytics practice, Neil provides risk and analytic services across a full range of clients and industries.

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Thursday, 8 Aug 2024 02:00 p.m. ET
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