GAE2509. Gen AI in Action as a Transformative Tool for Accountants

Unlock the potential of generative AI to revolutionize your accounting practice. In this fast-paced, 50-minute session, discover how AI can automate repetitive tasks, deliver powerful insights, and enhance client communication. Through real-world examples tailored for accountants, we’ll explore how to streamline workflows, gain competitive advantage, and navigate the ethical considerations of AI adoption. Get a glimpse of the practical tools and techniques that are reshaping the profession and find out how to take the next step in mastering AI.

Learning Objectives:

• Identify practical AI use cases for enhancing client communication, including drafting clear and concise financial summaries and recommendations.
• Understand the foundational principles of AI privacy and data security to ensure ethical and compliant usage in accounting practices.
• Develop basic prompt-writing strategies to interact effectively with generative AI tools and maximize their value in real-world accounting scenarios.
• Evaluate the potential impact of AI trends on the accounting profession and how to prepare for emerging technologies.