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Author: Patrick J. D. Taylor
Publisher: Lioncrest Publishing
ISBN: 9781544511443
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
As CFO of a large company, you might have considered adding an artificial intelligence system into your financial operations to increase efficiency, boost profits, reduce waste, and detect fraud. Only you're afraid it might be too costly and complicated. Robo-Auditing can ease your fears, providing everything you need to know about this thrilling, cutting edge technology. As an engineer with an MBA, Patrick Taylor is uniquely qualified to demystify A.I. and demonstrate its many benefits. In this extraordinary, must-read handbook, he offers essential guidelines and information to help you: - Understand how A.I. works - Incorporate "robo-auditors" into existing financial networks - Train your team to use the technology effectively - And more Implementing an A.I. system doesn't have to be difficult, intimidating, or prohibitively expensive, and it can make an enormous difference in your day-to-day operations. Robo-Auditing is your passport into the exciting future of corporate finance.
Author: Patrick J. D. Taylor
Publisher: Lioncrest Publishing
ISBN: 9781544511443
Category : Business & Economics
Languages : en
Pages : 120
Get Book Here
Book Description
As CFO of a large company, you might have considered adding an artificial intelligence system into your financial operations to increase efficiency, boost profits, reduce waste, and detect fraud. Only you're afraid it might be too costly and complicated. Robo-Auditing can ease your fears, providing everything you need to know about this thrilling, cutting edge technology. As an engineer with an MBA, Patrick Taylor is uniquely qualified to demystify A.I. and demonstrate its many benefits. In this extraordinary, must-read handbook, he offers essential guidelines and information to help you: - Understand how A.I. works - Incorporate "robo-auditors" into existing financial networks - Train your team to use the technology effectively - And more Implementing an A.I. system doesn't have to be difficult, intimidating, or prohibitively expensive, and it can make an enormous difference in your day-to-day operations. Robo-Auditing is your passport into the exciting future of corporate finance.
Author: Christian Czarnecki
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 311067677X
Category : Computers
Languages : en
Pages : 373
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Book Description
This book brings together experts from research and practice. It includes the design of innovative Robot Process Automation (RPA) concepts, the discussion of related research fields (e.g., Artificial Intelligence, AI), the evaluation of existing software products, and findings from real-life implementation projects. Similar to the substitution of physical work in manufacturing (blue collar automation), Robotic Process Automation tries to substitute intellectual work in office and administration processes with software robots (white-collar automation). The starting point for the development of RPA was the observation that – despite the use of process-oriented enterprise systems (such as ERP, CRM and BPM systems) – additional manual activities are still indispensable today. In the RPA approach, these manual activities are learned and automated by software robots, either by defining rules or by observing manual activities. RPA is related to business process management, machine learning, and artificial intelligence. Tools for RPA originated from dedicated stand-alone software. Today, RPA functionalities are also integrated into elaborated process management suites. From a conceptual perspective, RPA can be structured into input components (sensors in the wide sense), an intelligence center, and output components (actuators in the wide sense). From a strategic perspective, the impact of RPA can be related to the support of existing tasks, the complete substitution of human activities, and the innovation of processes as well as business models. At present, high expectations are related to the use of RPA in the improvement of software-supported business processes. Manual activities are learned and automated by software robots that interact with existing applications via the presentation layer. In combination with artificial intelligence (AI) as well as innovative interfaces (e. g., voice recognition) RPA creates a novel level of automation for office and administration processes. Its benefit potential reaches a return on investment (ROI) up-to 800% that is documented in various case studies.
Author: Gupta, Swati
Publisher: IGI Global
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 426
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Book Description
In the ever-evolving landscape of management, the introduction of robo-advisors has introduced challenges and opportunities that require careful examination. Organizations grapple with the profound impact of these automated systems on decision-making processes, resource allocation, and strategic planning. The need for a comprehensive understanding of how robo-advisors integrate into various management functions and sectors has become paramount. Decision-makers, researchers, and students seeking clarity in this transformative period are faced with a shortage of literature that bridges theoretical insights with practical applications. Robo-Advisors in Management stand out as a pioneering solution to this crucial gap in the existing body of knowledge. This book does not merely explore the challenges presented by robo-advisors; it delves into the heart of these challenges and navigates the diverse applications of these technologies in sectors ranging from wealth management to healthcare and real estate. By seamlessly blending theoretical foundations with real-world scenarios, the book equips both professionals and academics with the tools needed to comprehend and harness the potential of robo-advisors. It is an invaluable resource for decision-makers looking to optimize their strategies, researchers seeking in-depth insights, and students aspiring to navigate the intersection of management and fintech.
Author: Christian Langmann
Publisher: Springer Nature
ISBN: 3658386924
Category : Business & Economics
Languages : en
Pages : 143
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Book Description
This book provides a practice-oriented overview of the necessary prerequisites, the mode of operation, and the individual steps for the successful introduction of Robotic Process Automation (RPA). In addition to theoretical basics, practical examples from controlling and accounting illustrate the enormous potential of this technology....
Author: Christian Czarnecki
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110676699
Category : Computers
Languages : en
Pages : 430
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Book Description
This book brings together experts from research and practice. It includes the design of innovative Robot Process Automation (RPA) concepts, the discussion of related research fields (e.g., Artificial Intelligence, AI), the evaluation of existing software products, and findings from real-life implementation projects. Similar to the substitution of physical work in manufacturing (blue collar automation), Robotic Process Automation tries to substitute intellectual work in office and administration processes with software robots (white-collar automation). The starting point for the development of RPA was the observation that – despite the use of process-oriented enterprise systems (such as ERP, CRM and BPM systems) – additional manual activities are still indispensable today. In the RPA approach, these manual activities are learned and automated by software robots, either by defining rules or by observing manual activities. RPA is related to business process management, machine learning, and artificial intelligence. Tools for RPA originated from dedicated stand-alone software. Today, RPA functionalities are also integrated into elaborated process management suites. From a conceptual perspective, RPA can be structured into input components (sensors in the wide sense), an intelligence center, and output components (actuators in the wide sense). From a strategic perspective, the impact of RPA can be related to the support of existing tasks, the complete substitution of human activities, and the innovation of processes as well as business models. At present, high expectations are related to the use of RPA in the improvement of software-supported business processes. Manual activities are learned and automated by software robots that interact with existing applications via the presentation layer. In combination with artificial intelligence (AI) as well as innovative interfaces (e. g., voice recognition) RPA creates a novel level of automation for office and administration processes. Its benefit potential reaches a return on investment (ROI) up-to 800% that is documented in various case studies.
Author: AICPA
Publisher: John Wiley & Sons
ISBN: 1119702526
Category : Business & Economics
Languages : en
Pages : 94
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Book Description
This alert provides auditors with an overview of recent economic, industry, technical, regulatory, and professional developments that may affect how auditors conduct audits and other engagements. An entity’s internal management can also use this alert to address areas of audit concern. Updates include: Economic and Industry Developments Legislative and Regulatory Developments Audit and Attestation Issues and Developments Revenue Recognition New Lease Standard Accounting for Financial Instruments Recent AICPA Independence and Developments
Author: Nabyla Daidj
Publisher: Taylor & Francis
ISBN: 1000781127
Category : Business & Economics
Languages : en
Pages : 142
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Book Description
The main objective of this book is to provide both academics and practitioners with a global vision of the evolution of internal auditing in a fast-changing business landscape driven by digital transformation. Digital transformation has been first associated with the emergence and the development of new technologies (artificial intelligence, blockchain, cloud computing, data analytics, predictive analytics, robotic process automation, IOT, drones etc.). Beyond the technological dimensions, this transformation has several impacts on businesses, organizations and processes and raises several questions for auditing activities. This book explores how digitalization not only has an impact on the audit environment, but also on internal audit practices and methodologies, information technology (IT)/information system (IS) audit, IT governance and risk management. The auditing profession also has to face the same challenges. Auditors should develop new skills. To continue to provide high quality service in such an environment, the methodologies, the process and the tools used for conducting an audit have progressively changed from those applied to the traditional audit. Internal audit, as a key strategic function, must evolve too. Finally, the book also investigates the impact of the COVID-19 pandemic on internal auditing. The author highlights the need for a new vision and renewed forecasting tools. The post-COVID-19 business and corporate world has changed. Internal audit, as a key strategic function, must evolve too.
Author: AICPA
Publisher: Wiley
ISBN: 9781119696858
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
The Robotic Process Automation Fundamentals for Accounting and Finance Professionals Certificate (16.0 CPE Credits) focuses on robotic process automation benefits and how the use of software robots can enable your business or clients to become more competitive and agile. You will gain an understanding of the risks, opportunities, and organizational impact of automation while learning the decision criteria and key considerations needed to build a business case and run a successful proof-of-concept. You will also understand the steps and governance needed to implement or advise clients on how to implement successfully. Topics include: Understanding Robotic Process Automation (RPA) Building a Robotics Process Automation (RPA) Business Case Implementing Robotics Process Automation (RPA) Applications Governance, Risks and Controls for Robotics Process Automation (RPA) Organizational Process Implications of Robotics Process Automation (RPA) How Robotics Process Automation (RPA) Can Be Used in an Audit Automation Beyond Robotics Process Automation (RPA) WHO WILL BENEFIT? Non-IT finance professionals, CFOs, controllers, management accountants, public accountants, partners, staff, managers, internal auditors and business process owners who want to do any of the following: Get a foundational understanding of RPA Implement RPA within their organization Become a responsible business partner by recognizing RPA implications and how its application and uses can benefit the client's business Determine if there's interest in exploring RPA as a specialization, individually or as a firm Stand out with a digital badge as someone who is committed to your client's new emerging technology needs Add value to your organization, create opportunities KEY TOPICS What RPA is and the business value of RPA RPA applications and use cases that make the most sense Decision criteria and steps needed to build a business case Considerations, risks, and challenges to implementing RPA Governance and controls considerations for a digital workforce Accounting, finance, and organizational impact of RPA How RPA might affect an audit Future of RPA and automation trends, with a focus on intelligent process automation (IPA) LEARNING OBJECTIVES Recognize what RPA is and its business value, with specific focus on accounting and finance functions. Identify the opportunities and use cases for automation. Recognize the decision criteria needed to build a business case. Recognize key risks and challenges that need to be addressed before implementing RPA. Recognize the governance and controls considerations for addressing automation risks. Recognize the key components to implementing RPA. Recognize the accounting, finance, and operational process implications of RPA. Recognize audit implications associated with RPA. Recognize future trends of automation. Digital Badge: Your Professional Distinction Set yourself apart as a future-ready financial professional. Upon completion, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement. Credit Info CPE CREDITS: Online: 16.0 (CPE credit info) NASBA FIELD OF STUDY: Information Technology LEVEL: Basic PREREQUISITES: None ADVANCE PREPARATION: None DELIVERY METHOD: QAS Self-Study COURSE ACRONYM: RPAFC Online Access Instructions A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product for one full year. System Requirements AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians. A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam. Supported Operating Systems: Macintosh OS X 10.10 to present Windows 7 to present Supported Browsers: Apple Safari Google Chrome Microsoft Internet Explorer Mozilla Firefox Required Browser Plug-ins: Adobe Flash Adobe Acrobat Reader Technical Support: Please contact
[email protected].
Author: AICPA
Publisher: John Wiley & Sons
ISBN: 1948306301
Category : Business & Economics
Languages : en
Pages : 55
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Book Description
Containing descriptions of all recent auditing, accounting and regulatory developments, this 2018 alert will ensure that accountants have a robust understanding of the business, economic, and regulatory environments in which they and their clients operate. In addition, accountants will gain a full understanding of emerging practice issues, with targeted analysis of new developments and how they may affect their engagements, including: Recent Economic Trends Recent Legislative and PCAOB Developments Developments in Peer Review Recent Ethics Interpretations This useful resource also contains new accounting and auditing guidance related: Derivatives and Hedging Service Concession Agreements Discontinued Operations Stock Compensation
Author: Alhamzah Alnoor
Publisher: Springer Nature
ISBN: 3031637178
Category :
Languages : en
Pages : 404
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Book Description
