Navigating the Future: Integrating Accounting and AI
As the landscape of accounting continues to evolve, the integration of artificial intelligence has become pivotal in reshaping the industry. This series is designed to equip accounting professionals with the knowledge and skills needed to leverage AI technologies, enhance decision-making, and drive innovation in their practices. Join us as we explore the transformative potential of AI in accounting, uncover practical applications, and prepare for a future where technology and finance converge.
This series provides an overview of Artificial Intelligence (AI) in accounting with a focus on its significance and evolution. This series includes a detailed discussion of key AI concepts as well as ethical considerations, regulatory frameworks, and its use in data analysis and reporting. This series also provides examples of how AI can be used in both audit and tax practices and provides strategies that can be used to most effectively implement its use in organizations. This series concludes with a discussion of future trends in AI.
This course provides an overview of future trends in AI and software for CPAs. This includes a discussion of technologies such as RPA, blockchain, as well as other technologies like quantum computing, edge computing, and decentralized AI. This course also addresses the evolution of AI in accounting practices as well as how AI may impact jobs in the future. This course concludes with a discussion of how potential legislation may impact the future of AI.
This course provides an overview of the AI considerations with respect to tax preparation and tax research. This includes a discussion of how AI technology can be used in tax preparation, including automated data collection and tax optimization strategies. This course also addresses how AI can be used in tax research, including how CPAs can best leverage ChatGPT. This course concludes with a discussion of how the IRS is also using AI technology in its enforcement efforts.
This course provides an overview of some of the implementation strategies and considerations when integrating AI technologies within organizations. It addresses how you can assess readiness for AI adoption as well as integrating AI into current workflows. This course also addresses the importance of training and upskilling staff to effectively utilize AI tools and some of the common challenges and barriers to AI adoption.
This course explores the ethical and regulatory aspects of integrating AI in accounting. It covers ethical considerations like bias, transparency, and accountability, alongside regulatory frameworks such as data protection laws and professional standards. Additionally, this course addresses data privacy and security concerns and offers best practices for ensuring ethical AI usage in accounting firms.
This course provides an overview of leveraging AI for data analysis and reporting in accounting. It covers the automation of data extraction, cleansing, and normalization processes as well as how AI facilitates automated financial analysis and forecasting. This course also addresses how AI generates actionable insights from financial data which aids in strategic planning.
This course provides an overview of how AI is used in audits and compliance tasks. It discusses how AI helps auditors identify risks by analyzing large amounts of data and setting materiality thresholds based on historical data and industry standards. It also addresses how AI tools can also automate audit procedures like data analysis and testing and how AI can detect anomalies and fraud by spotting unusual patterns in financial data and transactional records.
This course provides an overview of how AI is reshaping accounting software, streamlining tasks, improving accuracy, and offering advanced analytics. It covers key AI-driven features like automated data entry, intelligent invoice processing, predictive analytics, fraud detection, risk assessment, and natural language processing. In this course, we’ll also explore example case studies which illustrate AI's effectiveness in automating processes.
This course provides an overview of Artificial Intelligence (AI) in accounting. This course includes a detailed discussion of key AI concepts as well as its use in data analysis and reporting. This course also provides an overview of how organizations can implement AI solutions as well as the factors to consider when implementing these software solutions. This course concludes with a discussion of the common challenges and barriers to AI adoption.
Total: 9 courses (12 CPE hours)
