The Financial Reporting Council of Nigeria (FRC) is set to bring together some of the country’s leading financial experts, regulators, business executives, and technology professionals for its highly anticipated 2026 Audit and Assurance Leadership Summit, an event designed to address how artificial intelligence is reshaping the future of auditing and financial reporting. Scheduled for August 13, 2026, at the Lagos Marriott Hotel in Ikeja, the summit will focus on ensuring that integrity, accountability, and transparency remain at the heart of the profession despite the rapid adoption of AI technologies.
With the theme “Audit Integrity in the AI Era: Independence, Accountability and Reliable Financial Reporting,” the summit aims to spark meaningful conversations about the opportunities and challenges artificial intelligence presents for auditors and corporate organizations. According to the FRC, businesses are increasingly embracing emerging technologies, making it more important than ever for auditors to uphold professional skepticism, maintain independence, and deliver trustworthy financial reports that inspire investor confidence.
The Council explained that the event will serve as a platform for high-level discussions on strengthening governance, improving audit quality, and ensuring reliable financial reporting in an AI-driven economy. Participants will hear from renowned local and international experts through keynote presentations, while regulatory authorities will provide updates on the future of audit and assurance. Discussions will also examine the ethical responsibilities that come with integrating AI into financial reporting and audit processes.
Beyond the keynote sessions, the summit will offer practical insights into improving assurance practices, corporate governance, and financial reporting standards. Attendees will have the opportunity to engage directly with regulators, policymakers, technology experts, investors, and corporate leaders through networking sessions designed to encourage collaboration and knowledge sharing. The event is expected to attract a diverse audience, including CEOs, chief financial officers, executive directors, audit committee members, internal and external auditors, financial analysts, academics, governance professionals, and AI specialists.
As artificial intelligence continues to transform the global financial landscape, the FRC believes the summit represents a critical step toward preparing Nigeria’s audit profession for the future. The Council has called on stakeholders across both the public and private sectors to participate in what it describes as an important national conversation, emphasizing that preserving audit integrity, independence, accountability, and public trust will remain essential as AI becomes increasingly embedded in business operations and financial reporting.
source: The guardian
