Data & Predictive Analytics & Business Intelligence for Controllers/CFOs
4.00 Credits
Member Price $129
Non-Member Price $159
Overview
The Accountant role is evolving from data aggregation to knowledge extraction, with a significant emphasis on understanding and leveraging technological advancements. In this era of rapid digital transformation, it is crucial for accountants to grasp the shift towards more analytical roles, learn the tools, and integrate Business Intelligence (BI) and Data Analytics (DA) in their organization and daily practices. This course will focus on raising the accountant's awareness of BI and DA practices, the impact of AI technologies like ChatGPT, and how these can benefit their organization. By embracing these technologies, accountants can enhance their value proposition by transitioning from traditional accounting roles to becoming strategic advisors and decision-makers.
Highlights
- DA and BI relationship to accountant value.
- Current trends in BI and DA, including the emergence of AI tools like ChatGPT.
- The changing accountant roles: data analyst, data scientist, and data storyteller, with an emphasis on how ChatGPT can be utilized in these capacities.
- Obtaining datasets to compare and contrast with their organization's data, and how ChatGPT can assist in analyzing and interpreting this data.
- BI tools and the inclusion of AI technologies such as ChatGPT to streamline processes and improve analytical capabilities.
Prerequisites
None
Designed For
Accounting Managers, Controllers, CFOs
Objectives
- Understand how AI, BI, and DA will impact the Accounting function and positions.
- Comprehend the business purpose for adopting AI technologies, including ChatGPT, and their role in enhancing BI and DA applications.
- Identify resources in the AI, BI, DA journey, with a focus on integrating ChatGPT for advanced data analysis and customer interaction.
- Recognize current trends in technology that are shaping the future of accounting.
- Learn how to leverage ChatGPT for automating routine tasks, generating insights from data, and improving decision-making processes.
Preparation
None
Leader(s):
Leader Bios
James Lindell, ACPEN Business Professionals Network
James (Jim) Lindell, CPA, MBA is the President of a Wisconsin based provider of strategic & financial consulting, professional speaking, training, and executive coaching. Jim has an extensive background in senior management including positions as Chief Financial Officer and Corporate Assistant Controller. Jim has worked with a variety of industries including: manufacturing, health care, not for profit, distribution and food processing. He has been involved in more than 50 M & A projects. James Lindell is a Certified Public Accountant with public accounting experience at several local and regional accounting firms. He is a TEC Chairman (The Executive Committee). He is a member (and instructor) of the American Institute of CPA’s and the Wisconsin Institute of CPA’s and a member of Wisconsin Chapter of National Speaker Association. Jim is the author of the AICPA course “AICPA’s Annual Update for Controllers”, “Strategic Planning: A Simplified and Workable Approach for Private Companies” and “AICPA’s Controllership: 25 Critical Lessons from the Trenches.” Jim also authored and was part of the AICPA video and course, “Minimizing the Effects of a Recession on Your Business”. He is a contributing author of the AICPA course “The Fast Close, Soft Close, Virtual Close? Now Days, not Weeks”. Jim is a 2-time recipient of the AICPA’s Outstanding Discussion Leader award and most recently is a 2012-13 recipient of the AICPA Outstanding Instructor Award.
Non-Member Price $159
Member Price $129