Nigeria's FRC to Host 2026 Summit on Audit Integrity in AI Era

Nigeria's Financial Reporting Council (FRC) is preparing to host its "2026 Audit and Assurance Leadership Summit" in Lagos on August 13, 2026. The event, themed "Audit Integrity in the AI Era: Independence, Accountability and Reliable Financial Reporting," will explore how Artificial Intelligence is transforming the audit and assurance profession.

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The summit is specifically targeted at “audit and assurance professionals, CEOs and executive directors, chief financial officers, finance executives, audit committee members, internal auditors, regulators and policymakers, investors and financial analysts, academics and researchers, corporate governance practitioners, technology and AI professionals and public and private sector stakeholders.”

The summit aims to foster high-level dialogue among regulators, audit professionals, corporate leaders, academics, investors, and technology experts. Discussions will center on the opportunities, risks, and responsibilities that come with adopting AI in audit and assurance practices. The FRC emphasizes that audit integrity, professional skepticism, and auditor independence are more critical than ever as emerging technologies reshape business operations and financial reporting.

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It also “invites the financial reporting ecosystem and the wider public to join this important national dialogue as Nigeria examines how the audit profession can uphold integrity, independence, accountability and public trust in an AI driven business environment.”

Key highlights will include keynote presentations from thought leaders, updates on regulatory and policy changes, and strategic discussions on AI's role in audit quality and professional ethics. The summit also promises practical insights into strengthening assurance and governance, alongside networking opportunities with industry leaders and stakeholders. The FRC invites the broader financial reporting ecosystem and the public to participate in this national conversation on upholding integrity and public trust in an AI-influenced economy.

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It said that audit integrity, professional scepticism, auditor independence and stakeholder accountability are more critical now than ever in an environment where emerging technologies are rapidly reshaping business operations and financial reporting.