Transforming Accounting with AI: Practical Insights and Applications (TAAI)
8.00 Credits
Member Price $320
Non-Member Price $420
Overview
This course is designed to provide CPAs in public and private practice with the latest insights and practical knowledge on the integration of artificial intelligence (AI) in accounting. With a focus on real-world applications and ethical considerations, this course equips accounting professionals with the skills necessary to leverage AI for improved efficiency and accuracy in their work. Having previous experience or exposure to AI is not necessary. This course will provide actionable insights and training CPAs can use on future engagements regardless of where the CPAs are along their AI learning path.
Highlights
- Introduction to AI in accounting
- Generative AI in accounting and prompt engineering
- AI and data ethics in accounting
- Leveraging AI for data analytics in accounting
Prerequisites
None
Designed For
CPAs and accountants at all levels seeking a greater understanding of artificial intelligence
Objectives
Understand the fundamental concepts of artificial intelligence and its relevance to accounting Explain the principles of generative AI (i.e., ChatGPT), distinguish it from non-generative AI, and explore its frequent use cases Apply best practices for creating prompts and explore examples of impactful prompts Practice common prompt engineering techniques and approaches for writing effective prompts Understand the fundamental principles of AI and data ethics and their relevance to accounting Describe the concepts of algorithmic bias and fairness in AI systems and develop strategies to mitigate these issues Develop strategies for ensuring ethical use of AI in accounting practices Understand the role of AI in transforming data analytics processes Develop skills in using AI-powered tools to optimize data analytics processes
Preparation
Access to ChatGPT 4o during the course is encouraged but not required. Participants can create a free account by visiting chatgpt.com and clicking “Sign Up.”
Leader(s):
Leader Bios
Carl Shultz, Surgent McCoy CPE, LLC
Carl Shultz is an MBA, CPA, and CGMA. He has extensive experience serving as a financial executive with Fortune 500 companies and “Big Four” public accounting firms; consulting for small-to-large companies and individuals; and leading a range of accounting and financial functions. Carl has played a key role in building new companies and key financial functions to improve net income, install controls, audit functions, and manage large complex projects to successful, timely completion on or under budget. Currently, Carl provides financial and tax preparation and planning to individuals and small businesses. He is also Managing Director of CFS Consulting, LTD, which provides financial, internal control, and administrative consulting services. He is an adjunct professor of accounting at Rider University and Philadelphia University. Carl has also lectured at professional seminars and to groups on financial accounting and tax matters. He has published in such professional journals as Taxation for Accountants, Taxation for Lawyers, and Controller’s Quarterly. Carl is a graduate of La Salle University with a degree in Accounting, and has also earned an MBA degree from Drexel University in Finance and Accounting. Carl is a decorated veteran of the Vietnam War, where he served as an officer in the U.S. Army.
Non-Member Price $420
Member Price $320