AI for Accountants

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Are you ready to embrace the future of accounting with AI? Artificial intelligence is reshaping how accountants strategise, predict, and advise. This course will help you to get to grips with the growth of AI and what it means for the profession and to develop the tools you need to use AI effectively.

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

AI for Accountants

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

AI for Accountants

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Explain the evolution of AI and its significance
  • Analyse and assess the realities and limitations of AI for the accounting profession
  • Investigate and use generative AI to help productivity by automating simple tasks
  • Explore the AI tools available and decide what to try out
  • Develop an AI policy for your organisation
  • Understand the role AI can play in audit
  • Evaluate the ethical issues involved

About the course

Imagine an accountant who never sleeps, never makes mistakes, and tirelessly processes mountains of data in seconds. This is the power of artificial intelligence and beyond mere automation, it is beginning to reshape how accountants strategise, predict, and advise. It’s the wizardry that identifies hidden trends in spreadsheets, translates complex financial jargon into plain language, and enables auditors to scrutinise data with unparalleled accuracy.

Now with new information on how to develop an AI policy for your organisation, details on the latest AI tools and software integration, and cases to illustrate the use of AI in the real world. This course will help you understand how to wield AI tools effectively and, as a result, increase productivity and efficiency.

Contents

The importance of AI

What is artificial intelligence?
AI: a simple definition
A brief history of AI
AI and the world of work
The benefits of AI
Processes, products and insights

AI and accounting

The future of finance
AI and accounting
Accounting tools
The fear of AI
Data and AI

Automation

History of automation
The benefits of automation
Automation of accounting tasks
The future of automation
Dangers of automation

Generative AI

What is generative AI?
Types of generative AI
AI and efficiency
ChatGPT for accountants
ChatGPT and Excel
Other efficiency tools

AI and audit

Auditing and AI
Applications in audit
Auditing tools
Relying on AI

The future of work

Adapting to AI
How AI is changing the world of work
Growing your skills
Human qualities and technical skills
New roles
Drafting an AI policy
Scaling AI

Ethics and emerging trends

AI ethics
Challenges of AI
Accounting concerns
Emerging trends in AI
Staying up to date
The future of AI

How it works

Author

accountingcpd

This course has been written by the accountingcpd author team.