ChatGPT for Accountants

ChatGPT is changing how financial work gets done. This 60-minute introductory ChatGPT for accountants webinar explains what ChatGPT is, what it can do, and how it applies to common accounting and finance tasks.

You'll look at practical uses such as report writing, automated data analysis, financial projections, back office work, fraud detection and creating Excel formulas for accounting scenarios. The session also looks at the wider impact on financial services, along with the limitations and dangers of relying on the tool.

It ends with a look ahead to the next webinar in the series, Getting started in ChatGPT.

• Explain what ChatGPT is and what it can do
• Identify uses of ChatGPT for financial and accounting tasks
• Use ChatGPT for report writing, data analysis and financial projections
• Apply ChatGPT to journal entries and Excel formulas for accounting scenarios
• Describe the impact of ChatGPT on financial services
• Recognize the limitations and dangers of using ChatGPT

• Automated customer service
• Fraud detection
• Back office use
• Report writing
• Automating data analysis
• Generating financial projections
• Communicating regulatory changes to clients
• Combining ChatGPT with other AI tools
• Recording journal entries in line with GAAP
• Creating Excel formulas for accounting scenarios

ChatGPT draws on public information from sources such as textbooks and websites to support better decisions. For accountants, it can help draft back office responses and review financials to produce a summary of business insights, so you can recommend corrective actions that general managers and operators can put in place.

The session suits accountants, managers and auditors who want to start using AI in their work.

• All accountants, managers and auditors who are seeking to move into the AI usage of the future

Richard E. Cascarino, MBA, CIA, CISM, CFE, CRMA Well known in international auditing, Richard is a principal of Richard Cascarino & Associates based in Colorado, USA and Johannesburg, South Africa with over 32 years of experience in audit training and consultancy. He is a regular speaker at National and International conferences and has presented courses throughout Africa, Europe, the Middle East, and the USA. Richard is a Past President of the Institute of Internal Auditors in South Africa, was the founding Regional Director of the Southern African Region of the IIA-Inc, and is a member of ISACA, and the Association of Certified Fraud Examiners, where he was a member of the Board of Regents for Higher Education.

Richard was Chairman of the Audit Committee of Gauteng cluster 2 (Premier's office, Shared Services, and Health) in Johannesburg and is currently the Chairman of the Audit and Risk Committee of the Department of Public Enterprises in South Africa.