Headlines abound saying that Robotic Process Automation (RPA) and artificial intelligence (AI) will eliminate the need for accountants. In reality, RPA and AI provide an excellent opportunity for accountants to automate more routine procedures and focus on delivering more value-added insights to help improve an organization’s performance or risk mitigation. Conversely, the use of AI can also have some adverse results if not managed properly. Accountants must be aware of these risks and work to ensure that the proper controls are in place to manage an organization’s operational and financial risks associated with automation and AI. Learn more about these technologies and their implications to the skills and knowledge needed to be an effective management accountant. Discussion Leader: Donny Shimamoto
Crafting Your Accounting Innovation Strategy (LIMG05/22)
Tired of everyone telling you that you need to modernize your accounting operations, but not telling you how to actually do it? Attend this non-technical, but technology-focused session to actually work through creating an innovation strategy and developing a plan for modernizing the way you provide accounting services with the latest accounting technologies.
Learn to revamp your firm or finance department’s service offerings to reduce your staff’s workload while allowing your staff to focus on more value-added areas like financial planning & analysis and decision support. While automation technologies come with some cost, they greatly reduce manual labor and risk of error when integrated well. By providing more holistic services, to your “clients”, you can help them improve their overall performance and better position yourself to be a trusted advisor-can you afford not to attend this session? Discussion Leader: Donny Shimamoto