Thursday 9 May 2024


12:00 pm


1.5 CPD Hours

Session Topic

AI 101 – risks and opportunities posed to governance, accountants, and auditors in financial reporting

ChatGPT and other AI tools are poised to up-end the labour market and eliminate thousands of white-collar and managerial jobs. AI will also empower decision-making and facilitate many business processes.

It is vital that accountants and auditors understand the basic artificial-intelligence platforms, common use, and how AI affects risk management, compliance, and ethical and auditing standards.

The session will:

  • Provide a understanding of AI and its common platforms
  • Look at how AI is being used
  • Learn how to efficiently harness AI tools in your practice
  • Describe the risks associated with AI and how they need to be managed, and
  • Discuss how AI affects the application of ethical and auditing standards.


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This session is presented by:

Colin Parker

Principal | GAAP Consulting | Financial Reporting Expert

Colin, Principal of GAAP Consulting, is an expert in financial reporting, auditing and related governance issues, and was previously a member of the Australian Accounting Standards Board.

He has conducted many independent expert and consulting experts reports on professional negligence, and accounting and auditing standards. He is the team leader advisory and litigation services and adviser to GAAP Training and Reportfraud.


Inbal Rodnay

CEO | Theory and Motion

Inbal Rodnay is co-host of Agents of Change, a monthly workshop exploring technology in accounting. She is also CEO of Theory and Motion, a consultancy that helps accounting teams turn technology into capacity.

Inbal was previously Head of Technology and Innovation at Melbourne firm BlueRock.

She was a finalist for Innovator of the Year in Women in Finance awards, 2022.