How to Prepare for a Robot-Automated and AI-Enhanced Future in Accounting
Tuesday, 17 July 2018 11:30 AM PDT, 02:30 PM EDT
Training Duration = 60 min Sponsored by Online Compliance Panel
A recent MIT-Boston Consulting study of over 3,000 companies found that 80% of them believed AI (artificial intelligence) would give them a competitive advantage.
What's more, we are already seeing the use of AI and RPA (robotic process automation) creeping into the business world, and more specifically into various accounting functions.
This is one change that will radically impact many white-collar jobs. And that change will happen in the next few years, not ten or twenty years from now.
Why Should You Attend:
This session will begin with a definition of AI and RPA, with special reference to how they apply to accounting practices. Then the session will look at how these functions are being used in accounting as well as some projects on how they might be used in the future.
The session will then turn to give practical information about the skills that will be in demand with relation to the use of these new technologies in accounting as well as some recommendations on how attendees can acquire those skills.
Mary S. Schaeffer is the author of 18 business books, a monthly newsletter, and a free bi-weekly e-zine, as well as several CPE courses for CPAs. She runs AP Now, a boutique publishing and consulting firm focused on accounts payable issues. She also serves as the Education Director for the Institute of Financial Operations.
Before turning to writing and consulting she worked in the corporate world as an Assistant Treasurer for the Equitable Life Assurance Society, a Financial Risk Manager for O&Y and a Corporate Cash Manager for Continental Grain. A frequent and popular speaker at both live and online events, she has an MBA in Finance and a BS in Mathematics.