Auditing an Organization’s AI Strategic Planning and Implementation Initiatives

This course is designed to provide professionals with the knowledge and skills necessary to conduct various types of AI audits within their organization. Participants will gain a deep understanding of AI technologies, their potential risks and benefits, and gain knowledge of the detailed audit test procedures required to perform effective AI audits. 

Attendees will achieve the following learning outcomes: 

• Will be able to evaluate the effectiveness of AI governance practices 
• Identify and assess AI risks 
• Conduct audits of the AI Strategic Plan and Implementation initiatives 
• Provide meaningful recommendations to mitigate AI risks 

Session 1: 8:00 AM to 9:40 AM EST

I. AI Terminology and Concepts

· AI Models

· Techniques used to train AI Models

· Application Program Interfaces (API)

· AI Agents

II. AI Usage within Organizations

· General usage across all areas of an organization 

· AI usage within

o Software development

o IT System Operations

o Information Security 

Session 2: 9:50 AM to 10:50 AM EST

III. AI “Caution Winds”

· Define Corporate AI philosophy 

· Risks of AI Models 

· Risks of Organizations managing their own AI models

IV. Conducting AI Usage Impact assessment

· What are AI Usage Assessments?

· Inventory of AI tools and applications

· Mapping AI usage to business processes

· Purpose of AI Impact Assessments

· Understanding the components of an AI Impact Assessment

Session 3: 11:05 AM to 12:15 PM EST

V. Establishing an AI Strategic Plan

 · AI Governance Structure

· Using IT Strategic Plans to develop for AI Strategic Plans

· AI Vision and Goals

· Ethical considerations and Governance

· Short term and long-term AI initiatives

· Alignment to AI Goals

· AI Policies, Standards and Permissible Use

Lunch Break: 12:15 PM to 1:15 PM EST

Session 4: 1:15 PM to 3:00 PM EST

VI.. AI Impact on Vendor Management Program

 · Terminology & Types of IT Vendors

· 3^rd Party Vendor application utilization scenarios

· AI usage within 3^rd party vendor products

· Establishing control measures for inappropriate 3^rd party vendor product usage

· Control requirements for services and products which utilize AI 

· Enhancing procurement processes for services and products which utilize AI 

VII. Establishing AI Implementation Plans and Initiatives

 · Foundation components

· Rollout of AI Initiatives

 Session 4: 3:15 PM to 5:00 PM EST

 VIII. Alternative AI Audit Approaches

 · Initial Audit to assess whether AI Governance Structure has been established

· Auditing AI Usage Assessment

· Auditing AI Impact Assessments

· Auditing the AI Strategic Plan

· Auditing AI Policies and Standards

· Auditing of AI Implementation Plans 

· Auditing Vendor Management Programs for AI impacted initiatives

Case Study

Estimated CPEs: 8

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