ChatGPT and AI for Accountants

ChatGPT and AI for Accountants PDF Author: Dr. Scott Dell
Publisher: Packt Publishing Ltd
ISBN: 1835462251
Category : Computers
Languages : en
Pages : 278

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Book Description
Elevate your accounting skills by applying ChatGPT across audit, tax, consulting, and beyond Key Features Leverage the impact of AI on modern accounting, from audits to corporate governance Use ChatGPT to streamline your accounting tasks with practical hands-on techniques Understand the impact of AI in accounting through in-depth chapters covering various domains, including ethical considerations and data analytics Purchase of the print or Kindle book includes a free PDF eBook Book DescriptionIn 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 learn Understand the fundamentals of AI and its impact on the accounting sector Grasp how AI streamlines and enhances the auditing process for high accuracy Uncover the potential of AI in simplifying tax processes and ensuring compliance Get to grips with using AI to identify discrepancies and prevent financial fraud Master the art of AI-powered data analytics for informed decision-making Gain insights into seamlessly integrating AI tools within existing accounting systems Stay ahead in the evolving landscape of AI-led accounting tools and practices Who 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.

ChatGPT and AI for Accountants

ChatGPT and AI for Accountants PDF Author: Dr. Scott Dell
Publisher: Packt Publishing Ltd
ISBN: 1835462251
Category : Computers
Languages : en
Pages : 278

Get Book Here

Book Description
Elevate your accounting skills by applying ChatGPT across audit, tax, consulting, and beyond Key Features Leverage the impact of AI on modern accounting, from audits to corporate governance Use ChatGPT to streamline your accounting tasks with practical hands-on techniques Understand the impact of AI in accounting through in-depth chapters covering various domains, including ethical considerations and data analytics Purchase of the print or Kindle book includes a free PDF eBook Book DescriptionIn 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 learn Understand the fundamentals of AI and its impact on the accounting sector Grasp how AI streamlines and enhances the auditing process for high accuracy Uncover the potential of AI in simplifying tax processes and ensuring compliance Get to grips with using AI to identify discrepancies and prevent financial fraud Master the art of AI-powered data analytics for informed decision-making Gain insights into seamlessly integrating AI tools within existing accounting systems Stay ahead in the evolving landscape of AI-led accounting tools and practices Who 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.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance PDF Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Artificial Intelligence and Cognitive Computing

Artificial Intelligence and Cognitive Computing PDF Author: Miltiadis D. Lytras
Publisher: MDPI
ISBN: 303651161X
Category : Technology & Engineering
Languages : en
Pages : 278

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Book Description
Artificial intelligence (AI) is a subject garnering increasing attention in both academia and the industry today. The understanding is that AI-enhanced methods and techniques create a variety of opportunities related to improving basic and advanced business functions, including production processes, logistics, financial management and others. As this collection demonstrates, AI-enhanced tools and methods tend to offer more precise results in the fields of engineering, financial accounting, tourism, air-pollution management and many more. The objective of this collection is to bring these topics together to offer the reader a useful primer on how AI-enhanced tools and applications can be of use in today’s world. In the context of the frequently fearful, skeptical and emotion-laden debates on AI and its value added, this volume promotes a positive perspective on AI and its impact on society. AI is a part of a broader ecosystem of sophisticated tools, techniques and technologies, and therefore, it is not immune to developments in that ecosystem. It is thus imperative that inter- and multidisciplinary research on AI and its ecosystem is encouraged. This collection contributes to that.

Towards Digitally Transforming Accounting and Business Processes

Towards Digitally Transforming Accounting and Business Processes PDF Author: Tankiso Moloi
Publisher: Springer Nature
ISBN: 3031461770
Category : Business & Economics
Languages : en
Pages : 861

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Book Description
This conference volume discusses the findings of the iCAB 2023 conference that took place in Johannesburg, South Africa. The University of Johannesburg (UJ School of Accounting and Johannesburg Business School) in collaboration with Alcorn State University (USA), Salem State University (USA) and Universiti Teknologi Mara (Malaysia) hosted the iCAB 2023 conference with the aim to bring together researchers from different Accounting and Business Management fields to share ideas and discuss how new disruptive technological developments are impacting the field of accounting. The conference was sponsored by the Association of International Certified Professional Accountants AICPA & CIMA.

The Future of the Professions

The Future of the Professions PDF Author: Richard Susskind
Publisher: Oxford University Press
ISBN: 0198841892
Category : Computers
Languages : en
Pages : 589

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Book Description
With a new preface outlining the most recent critical developments, this updated edtion of The Future of the Professions predicts how technology will transform the work of doctors, teachers, architects, lawyers, and many others in the 21st century, and introduces the people and systems that may replace them.

Impacts of Innovation and Cognition in Management

Impacts of Innovation and Cognition in Management PDF Author: Bataglia, Walter
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 566

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Book Description
In today’s business landscape, the intersections between innovation and cognition play a crucial role in shaping current management practices. As organizations strive to remain competitive, leaders must foster innovative thinking while understanding which cognitive processes drive decision-making and problem-solving. Such management strategies assist business leaders in navigating complex challenges, harnessing creativity, and cultivating an adaptive workplace culture. Exploring how innovation and cognition influence strategic choices is necessary for companies looking to enhance responses to change, making room for sustained growth and success in a constantly shifting business environment. Impacts of Innovation and Cognition in Management explores the effects of innovative strategies and technologies, as well as cognitive psychology, in management practices for businesses and organizations. The impact on sustainability and organizational development is examined, along with the usefulness of technologies like artificial intelligence, machine learning, and data analytics. This book covers topics such as absorptive capacity, data science, and cognitive psychology, and is a useful resource for business owners, managers, psychologists, economists, data scientists, researchers, and academicians.

The AI Economy

The AI Economy PDF Author: Roger Bootle
Publisher: Nicholas Brealey
ISBN: 1473696208
Category : Business & Economics
Languages : en
Pages : 445

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Book Description
Gold winner in Business Technology category, 2020 Axiom Business Book Awards Extraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time. A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future. Extraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time. A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future.

Artificial Intelligence

Artificial Intelligence PDF Author: Harvard Business Review
Publisher: HBR Insights
ISBN: 9781633697898
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business.

A Celebration Society

A Celebration Society PDF Author: Jonathan Kolber
Publisher:
ISBN: 9780692552391
Category :
Languages : en
Pages : 340

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Book Description
Accelerating automation threatens to displace multitudes of workers. The proposals to deal with the crisis -- increased education and guaranteed minimum income -- are insufficient. Here is a new solution from Jonathan Kolber, author of "Adam Smith's Wealth of Nations." ENDORSEMENTS: "A far reaching elucidation of many of today's (and more importantly, tomorrow's) global problems, but he has also done that rare and difficult thing - provided a thoughtful and detailed solution to them....The coming economic disruption that will be caused by automation and robotics in the next few decades will create enormous social upheaval - and whether that effect is negative or positive depends on how many people will seriously embrace the principles in this book." Alexander R. Bandar, Ph.D. Founder/CEO of the Columbus Idea Foundry "This is an unusual book that you have to read. Most works on "the future" are familiar treatments of fairly well-known issues, whereas Jonathan Kolber has given us exactly what the title suggests-a celebration of the marvelous breakthroughs ahead and their profound possibilities. Well-researched and beautifully written, this book will inspire you." William E. Halal George Washington University and President of TechCast Global Author, Technology's Promise: Expert Knowledge on the Transformation of Business and Society "Well-researched and instructive, this is a must-read for people interested in creating a more positive and meaningful society." Brian Vicente co-director of Colorados's Amendment 64 campaign "An excellent book which is a par excellence achievement that connects 26 widely disparate domains. Very well written.... every chapter and page had great insights." Rohit Sharma Founder of Perchingtree Author, Luck Reengineering and Mental Model Innovation "Kolber has created the blueprint for growth and effortless prosperity by shifting from the competitive model to the cooperative model." Berny Dohrmann Founder of CEO Space International Author, Redemption: The Cooperation Revolution "The author takes a systematic look at every function of a civilization: from economics to well-being to governance, and paints a picture of a civilization that is based on abundance instead of scarcity." Infoversant Book Reviews

Artificial Intelligence and Machine Learning in Business Management

Artificial Intelligence and Machine Learning in Business Management PDF Author: Sandeep Kumar Panda
Publisher: CRC Press
ISBN: 1000432114
Category : Business & Economics
Languages : en
Pages : 279

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Book Description
Artificial Intelligence and Machine Learning in Business Management The focus of this book is to introduce artificial intelligence (AI) and machine learning (ML) technologies into the context of business management. The book gives insights into the implementation and impact of AI and ML to business leaders, managers, technology developers, and implementers. With the maturing use of AI or ML in the field of business intelligence, this book examines several projects with innovative uses of AI beyond data organization and access. It follows the Predictive Modeling Toolkit for providing new insight on how to use improved AI tools in the field of business. It explores cultural heritage values and risk assessments for mitigation and conservation and discusses on-shore and off-shore technological capabilities with spatial tools for addressing marketing and retail strategies, and insurance and healthcare systems. Taking a multidisciplinary approach for using AI, this book provides a single comprehensive reference resource for undergraduate, graduate, business professionals, and related disciplines.