AiCCOUNTANTS Accountants Augmented by Artificial Intelligence (AI)
AiCCOUNTANTS Accountants Augmented by Artificial Intelligence (AI)

Author: Hitendra R. Patil

Publisher: HITENDRA R. PATIL

Published: 2023-02-06

Total Pages: 206

ISBN-13:

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Aiccountants™ Accountants Augmented by Artificial Intelligence (AI) The What, Why, and How of Artificial Intelligence for Accountants No previous knowledge about AI required This book is intended to be the go-to guide for any accountant looking to stay ahead in the rapidly changing world of Artificial Intelligence (AI) technology - from an accountant's point of view. This essential guidebook aims to provide accountants with a solid understanding of Artificial Intelligence (AI), including its implications for the accounting profession. The book contains: Nearly 100 examples specific to how AI works/can work in the accounting profession Actionable intelligence through practically implementable checklists Templates of suggested emails for interacting with clients when you deliver AI-powered services 30+ analogies to help easy understanding of the content And much more..... What you'll learn from this "easy read" book: How AI technology works, including machine learning and natural language processing How AI can be applied to accounting tasks such as financial analysis, fraud detection, and more The pros and cons of implementing AI in accounting - the potential for increased efficiency and accuracy, as well as the potential ethical and legal considerations. The potential future impact of AI on the accounting profession How AI may change how accountants work, and The future skills accountants will need to succeed And much more..... "Aiccountants™: Accountants Augmented by Artificial Intelligence" is a must-read for any accountant looking to stay competitive and relevant in the AI age. It provides a thorough understanding of AI technology, its potential in the accounting profession, and practical advice on leveraging it to improve your practice. DON'T WAIT FOR THE AI-FUTURE TO ARRIVE. TAKE CONTROL. BUY NOW.

AI 2041
AI 2041

Author: Kai-Fu Lee

Publisher: Crown Currency

Published: 2024-03-05

Total Pages: 497

ISBN-13: 0593238311

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How will AI change our world within twenty years? A pioneering technologist and acclaimed writer team up for a “dazzling” (The New York Times) look at the future that “brims with intriguing insights” (Financial Times). This edition includes a new foreword by Kai-Fu Lee. A BEST BOOK OF THE YEAR: The Wall Street Journal, The Washington Post, Financial Times Long before the advent of ChatGPT, Kai-Fu Lee and Chen Qiufan understood the enormous potential of artificial intelligence to transform our daily lives. But even as the world wakes up to the power of AI, many of us still fail to grasp the big picture. Chatbots and large language models are only the beginning. In this “inspired collaboration” (The Wall Street Journal), Lee and Chen join forces to imagine our world in 2041 and how it will be shaped by AI. In ten gripping, globe-spanning short stories and accompanying commentary, their book introduces readers to an array of eye-opening settings and characters grappling with the new abundance and potential harms of AI technologies like deep learning, mixed reality, robotics, artificial general intelligence, and autonomous weapons.

Competing in the Age of AI
Competing in the Age of AI

Author: Marco Iansiti

Publisher: Harvard Business Press

Published: 2020-01-07

Total Pages: 175

ISBN-13: 1633697630

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"a provocative new book" — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how "collisions" between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI.

Remaining Relevant
Remaining Relevant

Author: Rob Nixon

Publisher: Fontaine Press Pty Ltd

Published: 2015-03-27

Total Pages: 222

ISBN-13: 1925209660

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‘Remaining Relevant’ is practical and practiced advice for accountants to remain relevant in a ‘disrupted’ industry and has been described as “the most important business book that you will read this year.” Anthony S Bongiorno, The Bongiorno Group. The explosion of cloud computing and its impact on the accounting industry is the impetus for ‘Remaining Relevant’, which is all about the future of the accounting profession - essential reading in this manual for an accountant’s success. “Technology is enabling and will demand the accounting profession to transform. From the changing the engagement and service mix within a firm, to fixed fee billing and off shoring ... everything is up for review. As long-term industry insider and visionary, Rob has the unique capability to help accountants focus on what is important through his direct, and at times confronting, analysis of the profession. A must read.” Tim Reed, MYOB CEO “Rob Nixon is to accounting what Peter Drucker was to strategy: He creates new paradigms and fresh approaches to a discipline that would be headed for the doldrums without him.” Alan Weiss, PhD, Author, Million Dollar Consulting Rhode Island, USA “The accounting game is changing forever. Any partner who doesn’t acknowledge this is kidding themselves. The age of the dinosaur firm is coming to an end, and this book is a must for any accountant who wants to remain relevant in the 21st Century.” Chris Hooper, CEO, Accodex Adelaide, Australia

ChatGPT and AI for Accountants
ChatGPT and AI for Accountants

Author: Dr. Scott Dell

Publisher: Packt Publishing Ltd

Published: 2024-06-28

Total Pages: 278

ISBN-13: 1835462251

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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.

The Future of Work in Accounting and Finance
The Future of Work in Accounting and Finance

Author: Mohammed Abdul Malik

Publisher: Mohammed Abdul Malik

Published: 2024-02-26

Total Pages: 0

ISBN-13:

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The purpose of a study is to investigate and analyse the impact of artificial intelligence (AI) and automation on the accounting and finance industry. This study likely aims to achieve several specific objectives: Assessing the Current Landscape: The study will likely begin by assessing the current state of the accounting and finance industry, including the roles, tasks, and processes involved. Understanding AI and Automation: It will explore the technologies related to AI and automation and how they are being integrated into the accounting and finance field Identifying Implications: The study will examine how AI and automation are affecting the roles and responsibilities of professionals in accounting and finance. This may involve looking at how certain tasks are becoming automated and how job descriptions are evolving Impact on Employment: The study will likely address questions about the future of employment in the accounting and finance sector. Are jobs being displaced, or are new roles emerging as a result of AI and automation? Skill Requirements: It will consider the skills and qualifications that professionals in accounting and finance will need in the future to stay relevant and competitive in the job market. Economic and Industry Implications: The study may also explore the broader economic and industry implications of AI automation in accounting and finance, such as cost savings, efficiency gains, and potential risks. Policy and Regulation: It could touch on regulatory and ethical considerations in implementing AI in financial processes, especially with regard to data security and compliance.

The Future of Outsourced Accounting and Accounting Technology: How Accounting and Bookkeeping Firms Can Use Practical Technology -- Including Automati
The Future of Outsourced Accounting and Accounting Technology: How Accounting and Bookkeeping Firms Can Use Practical Technology -- Including Automati

Author: Joshua Feinberg

Publisher:

Published: 2019-10

Total Pages: 184

ISBN-13: 9780578589954

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Automation driven by artificial intelligence (AI) and machine learning is completely changing and disrupting how accounting firms market and deliver their services. At a recent Vic.ai webinar, 88% of attendees polled felt that automation would play a "hugely important role" in their firm's future. Historically, clients looked for accounting firms with a local or regional presence. The rise of cloud accounting opened the door to an emerging category of accounting firms that are not geographically constrained. Lately, a few hybrid bookkeeping firms have raised large amounts of venture capital. These hybrid bookkeeping firms are increasing the pressure on accounting firms to adopt the same kinds of AI and machine learning technology or risk irrelevance in the marketplace. Many accounting firms have so far failed to recognize this threat. As a result, these slow-movers are leaving their firms incredibly vulnerable. In much the same way that brick-and-mortar retailers all had ample warning to avoid their current fate, accounting firms must recognize that the time for procrastination, denial, and burying their heads in the sand has long passed. The only question you need to ask yourself is: Will your firm future-proof itself by aggressively adopting technology? Or will it "plan" for its ultimate irrelevance and extinction? In the workbook for The Future of Outsourced Accounting and Accounting Technology, you'll learn how to: Provide exceptional service to your clients Stand out in a field of mostly indistinguishable competitors Compete and win the best clients going forward Adapt to artificial intelligence (AI) and machine learning Create happier clients Build a superior service offering Survive and thrive in an automated world Avoid being disrupted by more tech-savvy firms Profit from key trends in client accounting and outsourced accounting Position for the future Authors: Joshua Feinberg Alexander Hagerup Joerg Joergensen Kristoffer Roil

Artificial Intelligence in Accounting and Auditing
Artificial Intelligence in Accounting and Auditing

Author: Miklos A. Vasarhelyi

Publisher: Berg Publishers

Published: 1988

Total Pages: 424

ISBN-13: 9780854961849

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A study of artificial intelligence in accounting and auditing. Topics addressed include: expert systems for audit tasks; REA accounting database evolution; fuzzy logic - treating the uncertainty in expert systems; bankruptcy prediction via a recursive partitioning model; and more.