The Financial Reporting Council of Nigeria (FRC) is set to lead discussions on the future of audit regulation in the era of artificial intelligence (AI) as it convenes its 2026 Audit and Assurance Leadership Summit, where regulators, auditors and corporate leaders will examine how technology is reshaping financial reporting and the safeguards needed to preserve public trust.
The summit, themed “Audit Integrity in the AI Era: Independence, Accountability and Reliable Financial Reporting,” will hold on August 13, 2026, in Lagos.
The event comes as AI increasingly transforms business operations, financial reporting and audit processes, prompting regulators globally to strengthen oversight around the use of emerging technologies while maintaining auditor independence, professional scepticism and accountability.
According to the FRC, the summit will provide a platform for high-level discussions on how the audit profession can harness AI without compromising the integrity and reliability of financial reporting. Participants will also explore the opportunities, risks and responsibilities associated with AI adoption in audit and assurance.
The regulator said the conference will feature keynote presentations by local and international thought leaders, regulatory and policy updates that will shape the future of audit and assurance, and strategic discussions on AI, audit quality and professional ethics.
The summit will also examine practical approaches to strengthening assurance, corporate governance and the reliability of financial reporting in an increasingly technology-driven economy, while providing networking opportunities for regulators, industry leaders and governance practitioners.
Expected participants include audit and assurance professionals, chief executive officers, executive directors, chief financial officers, finance executives, audit committee members, internal auditors, investors, financial analysts, academics, corporate governance practitioners, technology and AI professionals, regulators, policymakers and stakeholders from both the public and private sectors.
The FRC said registration is mandatory for all participants and urged stakeholders across Nigeria’s financial reporting ecosystem to participate in what it described as an important national dialogue on preserving integrity, independence and public confidence in financial reporting as AI adoption accelerates.
The regulator noted that the discussions are expected to contribute to the development of a stronger audit and assurance framework capable of responding to the evolving challenges and opportunities presented by artificial intelligence.
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
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