Requirements

• It does not require experience or special skills

Description

AI IN ACCOUNTING AND AUDITING: BLAZING NEW TRAILS IN FINANCIAL MANAGEMENT

Is your accounting team still spending hours on tedious data entry tasks? Are you wondering how financial professionals can predict cash flows, detect fraud, and ensure regulatory compliance in real-time? In a world where numbers rule, the accounting and auditing industry is experiencing an innovative transformation powered by Artificial Intelligence (AI).

This course is designed to build your understanding of the emerging field of AI and help you consider the broader application of it through our work as professional accountants.

The term AI (artificial intelligence) seems to be part of every product or service description today. This course will define AI and its impact on accounting and workflow in today’s modern office. Throughout the course, you will learn what tools are available today to dramatically improve workflow, efficiency, and accuracy by brining AI to your accounting systems.

Artificial Intelligence (AI) is no longer just a theoretical concept! Instead, AI is a practical tool available today to help you address and solve real-world problems. In this course, you will learn about the fundamentals of AI and how you can put this amazing technology to work today to help you and your team work more efficiently and effectively.

Participate in this course to learn about the fundamentals of AI and specific types of problems AI can help you address. You will learn about AI features available in everyday applications – including Excel – and how you can use these features in situations such as detecting fraud and identifying potential errors in transactions. You will also learn how AI is changing how accounting and financial professionals work, both today and in the future.

The AI for Accountants digital short course has been created specifically for IPA members to enable you to first learn the basic concepts of Artificial Intelligence and secondly use your knowledge and understanding to apply in your practice through real world examples and interactive discussions.

UPON COMPLETING THIS COURSE, YOU SHOULD BE ABLE TO:

The Role of AI in Accounting: Advancements and Opportunities

Identify key components of Artificial Intelligence

Differentiate between Artificial Intelligence, Machine Learning, and Robotic Process Automation

List examples of potential uses of Artificial Intelligence in accounting and financial environments

Identify instances of AI features in applications such as Excel

Automate in Finance & Accounts - Automation in Finance Function

Document Capture and Recognition for Financial Workflows

Frictionless Customer Onboarding

Robotic Process Automation + Intelligence (AI that automates business processes)

Internet of Things (AI that enables devices to communicate directly without human intervention)

Who this course is for:

• Commercial or industrial business owners
• Restaurant and store owners
• Financial and administrative consulting offices
• Programmers and electronic systems developers