DESCRIPTION
Get ready to embark on an exciting journey into the realm of AI, where cutting-edge technologies empower accountants to revolutionize their practices and unlock new opportunities for growth and success.
Robotic Process Automation (RPA) and Artificial Intelligence (AI) help you digitize your accounting and finance operations with ease enabling you to drive down costs, and improve productivity, efficiency and compliance.
Accounting and finance professionals have used different forms of automation over the years to improve the efficiency and accuracy of their work. So far, technology has not been able to replace the knowledge, experience, and decision-making of seasoned professionals. Times are rapidly changing. Today, systems easily exceed humans in accuracy and consistency. Artificial intelligence (AI) brings opportunities for accountants and finance professionals in the short term to improve efficiency and accuracy, while providing more value for businesses and customers alike. In the long term, AI will offer profound changes to how professionals work and process data.
Why Should You Attend?
This webinar will provide a concise overview of artificial intelligence (AI) – a constellation of technologies able to perform tasks that normally require human intelligence. The software self-educates by drawing conclusions from large quantities of data and adjusts its calculations and outputs based on its observations. The course highlights how accounting professionals can use AI to drive innovation, increase productivity, and improve the accuracy and quality of their work.
By the end of this webinar, you should be able to: identify AI; analyze how AI works; predict the impact of AI on the accounting industry; assess the changing AI landscape; interpret how AI will transform core accounting tasks; and formulate an AI starter strategy for your accounting operations.
Key Topics
- Differences between AI, Machine Learning (ML) and Deep Learning (DL)
- Benefits of Artificial Intelligence
- AI applications and capabilities and how it drives a competitive advantage
- The role of algorithms
- How artificial intelligence will affect accounting and finance careers
- Data governance, security, and privacy
- How accounting firms are using AI today
- The role of artificial intelligence in asset management
- Be familiar with the fundamentals of artificial intelligence
- Recognize the different types of artificial intelligence in use today
- Understand how artificial intelligence will change the accounting and finance professions
You will learn:
- What’s the role of RPA and AI in accounting and finance?
- How to get started with automation in accounting and finance operations?
- Common use cases of RPA and AI automation in accounting and finance
- Demo of invoice process automation involving data entry into an ERP system
Who Should Attend?
This course is designed for accountants, financial professionals, and Certified Public Accountants (CPAs) seeking to harness the power of AI to drive innovation, increase productivity, and enhance the accuracy and quality of their work.
Credit and other Information:
- Prerequisites: knowledge
- Advanced Preparation: None
- Program Level: Advanced
- Delivery Method: Online & Self-Study (QAS)
- Field of Study: Information Technology
- CPE: 2 Tax hours
- NASBA Sponsor: 138804
- IRS Course ID: DFFSC
- Attendance Requirement: Yes
- Session Duration: 2 Hours
- Case Studies and Live Q&A session with speaker
- PowerPoint presentation for reference
Download Conference Material
Pioneer Educator is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
