Objective
- Explain the scope and risk classifications of the EU AI Act
- Identify compliance requirements for AI systems and their applicability to U.S.-based operations
- Understand the implications of the EU AI Act for data governance, documentation, and human oversight
- Develop strategies to align AI systems with EU regulatory standards
- Recognize potential penalties for non-compliance and their significance for U.S. entities
Highlights
- Introduction to the EU AI Act: background, objectives, global relevance, and extraterritorial scope
- Key provisions and risk classifications: prohibited, high-risk, limited-risk, and general-purpose AI systems; prohibited AI practices
- Compliance requirements for high-risk AI systems: technical documentation, data governance, and human oversight requirements; importance of risk management and transparency obligations
- Practical steps for U.S. professionals: strategies to align with EU compliance standards; anticipating future regulatory developments
Designed For
CPAs and finance professionals in public accounting and industry, including CFOs, controllers, financial managers, and analysts who want to understand the EU AI Act and its implications for compliance, governance, and global operationsPrerequisite
NoneAdvanced Preparation
None