Leverage MS Copilot to Innovate Your Audit Workflow

15th February, 2027 | 13:30 - 17:00 CET
16th February, 2027 | 13:30 - 17:00 CET

Transforming Internal Audit with AI-Powered MS Copilot: Unlocking Productivity and Precision

Discover the power of AI with MS Copilot to streamline, strengthen, and simplify internal audit processes.

Precondition: Participation in Part 1 “Effective Use of GenAi in Internal Audit”

Suggested training duration: Two half‑day sessions (total 1 day)

Training Description
- Unleash the Future of Internal Auditing with Microsoft Copilot -

Embrace the power of AI to revolutionize your internal audit practice. This hands-on training introduces participants to Microsoft Copilot, the advanced AI assistant, specifically adapted for internal auditing functions within Microsoft Office tools, such as Excel, Word, PowerPoint, and Outlook. Discover how MS Copilot can streamline and enhance daily audit tasks, from data analysis in Excel to audit report automation in Word. Participants will explore the underlying technology behind MS Copilot, understand its training process, and practice applying it across various stages of the audit cycle to improve efficiency, accuracy, and data-driven insights. Learn how to safely integrate MS Copilot into your audit workflows, optimize collaboration, and enhance decision-making while upholding ethical standards and accuracy.

Learning Objectives

·        Understand Microsoft Copilot’s AI-driven capabilities and their application in internal audit.

·        Identify and apply Copilot functions within Excel, Word, PowerPoint, and Outlook to automate repetitive audit tasks.

·        Enhance audit planning and documentation with data-driven insights from Copilot.

·        Use MS Copilot to design, streamline, and conduct audit interviews and control tests.

·        Improve audit risk assessment by leveraging Copilot’s analytical capabilities.

·        Design and review audit reports with Copilot to ensure clarity, accuracy, and speed.

·        Foster collaboration within audit teams using AI-powered features in MS Office. 

Audit Training Agenda:

1. Introduction to Digital Transformation in Auditing

• Role of AI in the evolution of internal audit
• Overview of digital audit tools and the impact of AI on audit workflows
• Practical overview of MS Copilot’s AI features

2. Exploring Microsoft Copilot

• Introduction to AI-powered tools and their place in internal auditing
• Understanding Copilot’s underlying technology, training model, and ethical considerations

3. Microsoft Copilot in Action: Office Applications for Audit

• Excel for Data Analysis: Simplifying complex data analytics, risk assessments, and sampling techniques
• Word for Documentation: Automating audit documentation, drafting summaries, and structuring audit reports
• PowerPoint for Reporting and Audit Engagement Presentations: Building AI-assisted audit presentations for effective communication
• Outlook for Collaboration: Facilitating email communication, scheduling, and reporting with AI support

4. Integrating Copilot into the Internal Audit Process

• Practical Use Cases: Mapping MS Copilot’s role across audit sub-processes
• Aligning audit procedures with AI functionalities in MS Office applications
• Ethical guidelines and best practices for responsible AI in auditing

5. Best Practices for Leveraging Copilot in Audit

• Practical applications across the audit value chain
• Enhancing risk assessments, control evaluations, and reporting processes
• Case studies: Successful Copilot integrations in audit scenarios

6. Hands-on Exercises and Live Demonstration

• Live demonstrations of MS Copilot in Excel, Word, PowerPoint, and Outlook
• Interactive exercises for real-time practice with MS Copilot

7. Conclusion and Future Outlook

• Summarizing key takeaways and practical steps for adoption
• Future of AI in internal audit and opportunities for advanced AI integration

Precondition: Participation in Part 1 “Effective Use of GenAi in Internal Audit”

Trainer:
Dr. Dominik Foerschler, PhD, CIA, CRMA, MD Audit Research Center | ARC Institute
awarded by Richard Chambers as Internal Audit Beacon Award Winner and Top 10 Global Thought Leader for Internal Audit.

In over 30 years of professional experience at Deutsche Bank, Canadian Imperial Bank CIBC and BMW in responsible management positions, with international assignments in Toronto, Chicago, New York, Madrid and London, Dominik is today the author of numerous expert books and articles in the field of Internal Audit, GRC and human resources development in renowned professional journals as well as the editor of a book series.

After holding various management positions and working as executive assistant to the President of the University of Frankfurt am Main, Germany and faculty member of the Management Research Center; Dominik now heads the Audit Research Center | ARC Institute as Managing Director. As Chairman of the Digital Transformation Board, he is also responsible for the development of new learning methods such as Gamified Training or the developed AI Digital Transformation Audit Stress Test as an audit methodology concept.