ChatGPT and AI for Accountants A practitioner's guide to harnessing the power

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Free Download ChatGPT and AI for Accountants: A practitioner's guide to harnessing the power of GenAI to revolutionize your accounting practice by Dr. Scott Dell, Dr. Mfon Akpan
English | June 28, 2024 | ISBN: 1835466532 | 278 pages | EPUB | 1.88 Mb
Elevate your accounting skills by applying ChatGPT across audit, tax, consulting, and beyond

Key FeaturesLeverage the impact of AI on modern accounting, from audits to corporate governanceUse ChatGPT to streamline your accounting tasks with practical hands-on techniquesUnderstand the impact of AI in accounting through in-depth chapters covering various domains, including ethical considerations and data analyticsPurchase of the print or Kindle book includes a free PDF eBookBook Description
In the fast-paced AI world, accounting professionals are increasingly challenged by the complexities of AI. Many struggle to integrate these advanced tools into their workflows, leading to a sense of overwhelm. ChatGPT for Accounting bridges this gap by not only simplifying AI concepts but also offering practical insights for its application in various accounting domains.
This book takes you from the foundational principles of Generative Artificial Intelligence (GAI) to its practical applications in audits, tax planning, practice management, fraud examination, financial analysis, and beyond. Each chapter equips you with essential skills, showing you how AI can revolutionize internal control systems, enhance recruitment processes, streamline marketing plans, optimize tax strategies, and boost efficiency in audits. You'll then advance to exploring the role of AI in forensic accounting, financial analysis, managerial accounting, and corporate governance, while also addressing ethical and security implications.
Concluding with a reflective outlook on the promises and challenges of AI, you'll gain a holistic view of the future of accounting. By the end of this book, you'll be equipped with the knowledge to harness the power of AI effectively and ethically, transforming your accounting practice and staying ahead in the ever-evolving landscape.
What you will learnUnderstand the fundamentals of AI and its impact on the accounting sectorGrasp how AI streamlines and enhances the auditing process for high accuracyUncover the potential of AI in simplifying tax processes and ensuring complianceGet to grips with using AI to identify discrepancies and prevent financial fraudMaster the art of AI-powered data analytics for informed decision-makingGain insights into seamlessly integrating AI tools within existing accounting systemsStay ahead in the evolving landscape of AI-led accounting tools and practicesWho this book is for
Whether you're a seasoned accounting professional, a C-suite executive, a business owner, an accounting educator, a student of accounting, or a technology enthusiast, this book provides the knowledge and insights you need to navigate the changing landscape in applying GAI technology to make a difference in all you do. An appreciation and understanding of the accounting process and concepts will be beneficial.
Table of ContentsGenerative Artificial Intelligence (GAI) in AccountingEnhancing Practice Management Using This TechnologyApplying AI in the Tax RealmEnhancing Audits with AIIntegrating AI with Fraud Examination and Forensic AccountingTurbocharging Financial Analysis and ProjectionAdvancing Managerial Accounting with AIAccounting Information Systems (AIS) through the AI LensAI-Driven Data Analytics: Using Data Visualization Tools and DashboardsEthical and Secure AI ImplicationsRevolutionizing Corporate Governance with AIGPT Store Feature in ChatGPTOvercoming Resistance and Embracing ChangeLifelong Learning in the Age of AIThe Future is Now - Integrating AI into Accounting
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