How Automation and AI are Enhancing Management Accountants

Description

Amidst the buzz that Robotic Process Automation (RPA) and artificial intelligence (AI) will eliminate the need for accountants, the reality is different. RPA and AI offer an opportunity for accountants to automate routine tasks and concentrate on delivering more valuable insights to boost organizational performance or risk mitigation. However, AI usage within organizations can have unintended consequences if not properly managed. Accountants need to be mindful of these risks and ensure appropriate controls are in place to manage operational and financial risks associated with automation and AI.

Objectives

• Identify when traditional programming or RPA should be used for automation
• Identify when artificial intelligence should be used for automation
• Identify considerations for assessing the value of automations

Designed For

Firm leaders, managing partners, owners, HR managers