The Future of Accounting: Big Data and Artificial Intelligence
Author: Cory Campbell
| CPE Credit: |
2 hours for CPAs |
In the dynamic landscape of accounting, staying ahead of the curve is essential for professionals to thrive. This course delves into the transformative forces of Big Data and Artificial Intelligence (AI) in the realm of accounting. Participants will gain valuable insights into the evolving role of technology in accounting practices, understand the impact of Big Data on decision-making, and explore how AI is reshaping traditional processes.
Publication Date: January 2024
Topics Covered
- Big Data and its relevance to accounting
- Harnessing the power of Big Data for more informed and strategic financial insights
- Challenges and opportunities presented by the integration of Big Data and AI in accounting
- AI tools and platforms tailored for accounting professionals
Learning Objectives
- Identify how to apply Big Data analytics techniques to financial data for improved decision-making
- Identify the role of Artificial Intelligence in automating routine accounting tasks
- Identify the potential risks and benefits of implementing AI in specific accounting contexts
- Identify the type of analysis that uses the highest depth of analytics on structured data
- Identify the industry that is using Big Data for purposes of securities fraud early warning, card fraud detection, and credit risk reporting
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Information Technology (2 hours)
Program Prerequisites
None
Advance Preparation
None
