CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study

AI & Accounting – What You Need to Know

4 Credits: Information Technology

$116.00$136.00

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AI & Accounting – What You Need to Know

Format
Self-Study
Course Level
Basic
CPE Credits

4 Credits: Information Technology

Course Description

This course provides an overview of Artificial Intelligence (AI) in accounting.  This course includes a detailed discussion of key AI concepts as well as its use in data analysis and reporting.  This course also provides an overview of how organizations can implement AI solutions as well as the factors to consider when implementing these software solutions.  This course concludes with a discussion of the common challenges and barriers to AI adoption.

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Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify key concepts related to AI
  • Recognize subsets of machine learning
  • Identify key characteristics of deep learning
  • Recognize how AI can be used in the accounting profession
  • Identify key differences in traditional vs. AI-driven accounting software
  • Recognize examples of various types of AI accounting software
  • Identify AItools like OCR and NLP for data extraction
  • Recognize AIalgorithms for data cleansing
  • Identify data normalizationand AI techniques
  • Identify AI-driven forecasting techniques for accurate predictions
  • Recognize readiness factors for AI adoption in organizations
  • Identify steps for integrating AI into existing processes and workflows
  • Recognize the importance of training and upskilling employees
  • Identify common challenges and strategies for AI adoption in organizations
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Course Specifics

Course ID
SS2224381818
Revision Date
April 29, 2024
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Number of Pages
112

Compliance Information

NASBA Provider Number: 103220

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s Journal of Accountancy. Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP. Prior to HP, he served in multiple …