The Role of AI in Financial Reporting & Regulatory Compliance Self-Study Webinar
Overview
Artificial Intelligence (AI) has cemented itself as a foundational technology and transformative tool that is reshaping industries and ways of working. This webinar is designed to provide financial professionals with a comprehensive understanding of AI's role and potential applications in their field. In this self-study webinar, participants will:
- Gain a clear understanding of the concept of AI and its evolution in the finance and accounting sector, learning about its potential to transform traditional financial processes and systems
- Analyze emerging AI use cases in finance and accounting, focusing on their practical applications in finance and accounting
- Discuss the potential limitations, risks and challenges of AI implementation in finance and accounting and risk mitigations through responsible AI governance
Objective
To provide CPAs and other financial and accounting professionals with an in-depth knowledge of the growing role of AI and how they can utilize its potential to help their company grow.
SPEAKERS:
William Thomas, Managing Director in Business Consulting, EY
Kevin Tollison, Partner, Data & AI Consulting, EY
DETAILED LEARNING OBJECTIVES
• Identify how AI enhances financial reporting by automating routine tasks and improving efficiency
• Recognize how Generative AI supports narrative generation and streamlines reporting processes
• Recognize how existing infrastructure impacts the effectiveness of AI implementation
• Understand how AI enables CFOs to enhance cross-functionality and innovate business models
• Recognize the strategic benefits of AI beyond operational automation
• Understand the importance of responsible deployment and testing in AI systems
• Identify the ethical challenges of AI, including the lack of transparency in AI decision-making
• Understand how AI enables real-time monitoring and early detection of compliance risks
• Recognize the role of AI in maintaining robust compliance functions through proactive risk management
• Identify integration challenges with legacy systems as a key limitation
• Recognize the need for balancing AI capabilities with traditional processes to ensure effectiveness
• Understand how AI integrates with traditional compliance roles to increase efficiency
Emphasis
- Evolution of Artificial Intelligence
- AI's impact on jobs and productivity
- Application in finance and accounting
- The expanding role of finance
- Generative Artificial Intelligence (GenAI)
- AI use cases in the finance function and controllership
- Risk and governance considerations
- Responsible AI framework
- Getting started with AI
Speakers
William Thomas, Managing Director in Business Consulting, EY
Kevin Tollison, Partner, Data & AI Consulting, EY
This course is included in the following subscriptions:
Need more than one course? Upgrade to a subscription and save.
View Subscriptions