TCH2407. Startup Accelerator: AI — the Great Equalizer

With ChatGPT ushering in broad awareness and overnight engagement with generative artificial intelligence (GenAI) by over 100 million people, CPA.com is taking the lead to demystify the early use cases of GenAI for the profession. CPA.com is also engaging with the technology ecosystem to understand how this platform will be incorporated into virtually all solutions that firms use daily. In this session, we will break down five unique use-cases of generative AI in the accounting and finance profession, provide a toolkit for practitioners to build their AI strategy, and leverage practical application of the emerging technology. Attendees will also meet the 2024 Startup Accelerator companies, a cohort of AI-focused solution providers. The Association (unified voice of AICPA & CIMA) and CPA.com launched a shark-tank-style startup accelerator seven years ago, focusing on Accounting, Finance, and Regulatory tech solutions. Its purpose is to foster innovation and assist emerging technologies to better understand and service the accounting profession. Investment into new technologies and solutions is critical for not only staying ahead of the curve but providing client-centric services.

Learning Objectives:

• Identify trends in GenAI that are impacting the profession and your role.
• Identify lessons learned when designing new tech for business.
• Recognize the seven cohorts of the 2024 Association and CPA.com Startup Accelerator.
• Indicate how you can leverage AI to be ahead of mass adoption.