ChatGPT & AI Tools for CPAs and Finance Professionals
Time: 10:00 AM - 12:00 Noon (PT)
Duration: 120 Minutes
Webinar Type: Live Virtual Seminar
Speaker: Manish Gupta
Date : Tuesday, June 18, 2024
Time: 10:00 AM - 12:00 Noon (PT)
Duration: 120 Minutes
Webinar Type: Live Virtual Seminar
Speaker: Manish Gupta
Date : Tuesday, June 18, 2024
Course Description:
The "AI in Accounting and Finance" course offers a 120-minute comprehensive overview of integrating AI in these sectors. Attendees will explore how AI technologies revolutionize traditional accounting and finance practices. Starting with an introduction to AI, the course explains its concepts and applications, laying the groundwork for understanding how AI tools and algorithms transform data analysis, decision-making, and operational efficiencies.
Participants will learn about the BATS Framework for AI Toolkit, which outlines best practices and strategies for implementing AI in financial settings, ensuring alignment with business objectives and improved performance. The course also covers the PRICE Framework for effective AI prompts, emphasizing precise, relevant, informative, clear, and ethical applications in accounting and finance.
A significant focus is on professional development. As AI reshapes job roles, finance professionals must stay ahead. This section provides insights into the skills needed to thrive in an AI-enhanced workplace, leveraging AI for career advancement and augmenting human expertise.
The course covers financial statement analysis, showing how AI automates and improves the accuracy and speed of analyzing financial documents. Attendees will learn about AI tools that interpret large volumes of data, identify trends, and provide deeper financial insights.
Data analysis and visualization are also covered, demonstrating how AI transforms raw data into actionable insights and creates dynamic visualizations for better understanding and communication. The session concludes with an overview of financial modeling in the AI context, showing how AI enhances traditional modeling techniques for more accurate predictions and scenario analyses.
Real-world examples and case studies illustrate AI's practical applications in accounting and finance, ensuring the knowledge is directly applicable. The course is interactive, allowing attendees to engage, ask questions, and discuss their experiences and perspectives on AI.
By the end, participants will understand how AI is changing accounting and finance and how to leverage these technologies. They will leave empowered and ready to embrace and lead AI transformation in their professional spheres.
Why Should you Attend this Webinar:
In the rapidly evolving landscape of finance and accounting, Artificial Intelligence (AI) has emerged as a game-changing force. This course offers a deep dive into how AI is reshaping these sectors, providing invaluable insights for professionals keen on staying ahead in their field. With a focus on mitigating Fear, Uncertainty, and Doubt (FUD), it equips attendees with the knowledge to navigate the AI-driven changes confidently. The course is designed not just to inform but to empower participants to make informed decisions and strategies in the face of AI-induced transformations.
Attendees will gain an understanding of AI’s potential and limitations,learning how to separate hype from reality and to discern genuinely impactful AI applications from mere buzzwords. This insight is crucial in today's environment, where the rapid pace of technological change often breeds uncertainty and skepticism. By demystifying AI and its practical applications in accounting and finance, the course aims to alleviate fears and doubts, paving the way for informed, strategic decision-making. Additionally, the course addresses the common concerns and uncertainties regarding AI’s impact on job security and the evolving nature of accounting and financial roles. It provides a balanced view, highlighting how AI can augment human skills rather than replace them, leading to more efficient, accurate, and insightful work in the finance sector. The session is an essential guide for professionals to understand and adapt to the AI revolution in accounting and finance, ensuring they remain relevant and competitive in their careers.
Areas Covered:
Introduction to AI in Accounting and Finance
BATS Framework for AI Toolkit
PRICE Framework for AI prompts
Professional Development Tools
Financial Statement Analysis
Data Analysis and Visualization
Financial Modeling
Financial Controlling
Who Will Benefit?
Accountants
Financial Analysts
Auditors
Financial Managers
CFOs
Instructor Profile:
Manish Gupta a seasoned finance and administration officer with over 10 years of experience, Manish Gupta has been extensively exploring various AI tools in talent management processes for enhanced efficiency. He has delivered several webinars on this topic, presenting the learning in simple actionable ways. Manish has successfully implemented ERP, management reporting systems, financial planning and analysis processes, and data visualization tools aimed at optimizing operations and performance. A passion for learning and development, innovation, business growth, and lean management is harbored, to assist one million professionals in finance, HR, business management, and technology.