The Future of Audits: AI

  • When:
    Thursday, 31 August 2017, 11:30am - 1:30pm
  • Where:
    British Chamber Shanghai - We suggest that you enter the ZhangYuan community from the north gate on Taixing Lu (near Wujiang Lu)., 上海英国商会 (建议从泰兴路上的张园入口进入)
    No.9, Sub-lane 56, Lane 590, Weihai Lu, Shanghai
  • Price:
    RMB 150 including lunch, coffee & tea. Members only.

Can Machines and Software Replace the Human Auditor? Perhaps Much Sooner Than You Think!  Robotics and Artificial Intelligence (AI) are changing the world of professional services.  In the legal profession, big data and machine learning are already used in performing due diligence and the automated preparation of increasing amounts of legal documentation.  But what about the financial services?  Will the role of the auditor one day be obsolete?

Come along to hear the answer to this question and more in the next event supported by the Chamber’s Financial Services Focus Group. We have invited PwC colleagues Zach Noling and Stuart Canvin to discuss with members the future of the financial services profession and in particular the evolving role of technology, automation and AI in the external and internal audits of organisations.

This interactive discussion will focus on the evolution of the audit from yesteryear’s paper-based audit to the modern tech-enabled audit, foreshadowing the future tech-embedded and automated audit.  The speakers will cover the existing use of AI in the present day through the use of current and evolving technologies in the audit process of the future such as blockchain, machine learning and increasing forms of automation.

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Location of the British Chamber Shanghai Office - we suggest that you enter the ZhangYuan community from the north gate on Taixing Lu (near Wujiang Lu)

New office map - Jun

No-show Policy: Please note you must cancel your reservation in writing to the event contact staff 24 hours in advance. No-shows without prior notification will be charged a no-show fee of RMB100.  

Walk-in Policy: Please note that members who attend the event without prior reservation will be charged a walk-in fee of RMB50 if spaces are still available.

Speaker Introduction

Zach Noling

Partner, PwC Zhong Tian LLP

Zach has been with PricewaterhouseCoopers Zhong Tian LLP, a People’s Republic of China member firm in the PwC network, since 2011. His background with PricewaterhouseCoopers LLP in the U.S.A., prior to residing in Asia, included five years in Philadelphia, Pennsylvania and three years in Charlotte, North Carolina.

Zach’s experience includes leading, planning, and executing audit and advisory services for large multi-nationals and smaller companies – both public and private. He is multidisciplinary, with audit experience, experience with bankruptcy & re-audit situations, tax process improvement experience, internal control optimization experience, experience in delivery of accounting advisory services, deep group training experience, and, more generally, rich experience in bringing the PwC network’s capabilities and possible solutions to bear on challenging issues faced by clients in areas as diverse as taxes, trade, or sustainability.

In China, Zach focuses on delivery of audit and advisory services to dynamic and fast-growing U.S.-listed Chinese companies (including IPOs). He is particularly focused on companies in the technology, manufacturing, and pharmaceuticals sectors.

Stuart Canvin

Director, PwC Zhong Tian LLP

Stuart has over 25 years experienced in the auditing profession.  He has been with PricewaterhouseCoopers Zhong Tian LLP, a People’s Republic of China member firm in the PwC network, since 2001.  Prior to this he had also worked in Silicon Valley in the U.S.A., China and in the United Kingdom.

Stuart currently leads the audit technical department for PricewaterhouseCoopers Zhong Tian LLP addressing China, Hong Kong, International and US audit and reporting requirements. This work involves supporting engagement teams working on the largest China State Owned Enterprises to the smallest multinational client office.

During his time in PwC China Stuart has led projects including the “Future of Assurance” a visionary program rolled out to all 6000+ auditors in the China and Hong Kong firms of PwC and has led the implementation of key technologies used within Audit from the use of CLASS in the mid 90s to the latest technologies including Aura and Halo.

Historically Stuart managed audit and assurance services for a wide range of clients from start ups to IPOs to billion dollar listed entities.  These clients were predominately in the Technology area including Internet, Software and Telecommunications (services and hardware) but also including venture capital, and both consumer and industrial products.  

Event contact

Joanna Zhang
+86 21 6218 5022