Start Date: 9/26/2024 5:30 PM EDT
End Date: 9/26/2024 8:00 PM EDT
Venue Name: Edgewood Country Club
Location:
1600 Edgewood Dr
Charleston, WV United States 25302
Organization Name:
Charleston Estate Planning Council & WVBankers
Contact:
Reception Sponsored By:
Dinner & Cocktails will be served.
Are you looking for a FREE Ethics continuing education credit?
In this program, we will delve into the practical applications and uses of ChatGPT in professional ethics contexts, empowering you with insights and tools that can be readily applied in your professional sphere. The goal is to understand how ChatGPT can help make professional, ethical decisions.
- Introduction: This is a note on the key elements of ethical business practices, decision-making, and personal ethics.
- Setup and prompts: Here, I review ChatGPT’s prompt interface, help pages, and other online help sources. I will also show how to tailor the results to your needs and preferences, the essential parts of prompts, and free online guidance on prompts.
- Insider trading case: I will describe a case that directly relates to your roles, where an executive tasked with preventing insider trading was guilty of such. I will show how ChatGPT can be instructed to read a Business Conduct document and then how it can answer questions about various actions being prohibited or allowed. This will demonstrate the relevance of ChatGPT in your professional contexts.
- Extravagant travel and meals case: I will review a case where labor union executives invented a flimsy reason for holding an annual conference in Palm Springs, California in the middle of winter and then charged extravagant villa rentals, extravagant meals, extravagant golf outings, extravagant cigars, and extravagant parties to the labor union. We will use ChatGPT to answer questions about these unethical activities with reference to the indictment, plea agreement, and judgment documents.
- Credit card fraud case: I will review the case where an employee of a football team embezzled $22 million over a period of four years. We will then review an analysis of the letters written by family and friends to the presiding judge asking for leniency in his sentencing. ChatGPT will state whether the letter writers were coached on what to say, and it will be able to identify which letter differs the most from the others. We will debate the merits of attorneys coaching character letter writers.
- Closing comments: We will explore creating a company policy and the ethical implications of using AI in auditing and fraud examination, including privacy, bias, and decision-making autonomy.
- Interactive Q&A Session: This engaging session will encourage attendees to voice behavioral ethics concerns, share experiences, and actively seek advice on using AI solutions at work, fostering a sense of active participation and learning.
Who Should Attend:
- Charleston Estate Planning Council Members
- WVBankers Members
- Anyone interested in learning about AI Ethics
Presenter: Mark J. Nigrini, Ph.D.
Mark J. Nigrini, Ph.D. is an associate professor at the John Chambers College of Business and Economics at West Virginia University. Nigrini has a B.Com (Hons) degree from the University of Cape Town, an MBA degree from the University of Stellenbosch, and a PhD degree from the University of Cincinnati. Mark is the recipient of the 2020 Outstanding Accounting Educator award of the West Virginia Society of CPAs. His research passion is Benford’s Law which gives us the expected patterns of the digits in tabulated data. Benford’s Law has shown itself to be valuable to auditors in their quest to uncover fraud in corporate data. His current research addresses advanced theoretical work on Benford’s Law, CFO fraud, and the use of analytics in auditing and forensic accounting. Mark has published papers on forensic analytics in academic journals and professional publications. These journals include the highly regarded Journal of Accounting, Auditing, and Finance and Auditing: A Journal of Practice and Theory. His work has been featured in The Financial Times, New York Times, and The Wall Street Journal. His radio interviews have included the BBC in London, and NPR in the United States. His television interviews have included an interview for the Evil Twins series for the Investigation Discovery Channel. He is a regular presenter at the ACFE’s Global Conferences. He also regularly presents workshops for accountants and auditors in the U.S and abroad with recent presentations in Panama, Bahrain and Italy.
A BIG Thank you to the Maier Foundation for giving the CEPC the grant to make this event possible.