The Impact of the Digital Revolution on the Accounting Profession
Authored by Gary Cokins
About this Course
Topics covered include:
The Threat from the 'Digital Revolution';
How Artificial Intelligence Impacts Industries;
Continuums of Business Analytics;
Opportunities and Risks from Robotic Process Automation (RPA);
Phases of Software and Auditing-SAS 99;
Skills Needed for Artificial Intelligence;
Five Effects of Automation on Accounting;
Risk Mitigation for the Impact of Digital Automation.
Upon completing this course, you should be able to:
Recognize how artificial intelligence (AI), robotic process automation (RPA), and machine learning will impact jobs in accounting;
Identify why this impact can be a threat but also an opportunity;
Describe the continuum of business analytics;
Identify skills needed to embrace digital automation;
Recognize impacted functions: transactional, period end closing, auditing, regulatory filings;
Identify how to mitigate risks from digitalization automation;
Describe the digital revolution;
Describe business analytics;
Recognize why the accounting profession is particularly vulnerable to automation;
Differentiate recent phases of accounting software automation;
Identify how computer assisted audit tools and techniques (CATTS) specifically improve the auditing process;
Recognize how accountants can reduce the impact of automation on their own role;
Identify how digitization is expected to affect CPA firms;
Describe how organizations that embrace a 'digital disruptor' way of thinking will change;
Recognize myths about artificial intelligence;
Identify when the first attempts at automating data analysis took place;
Recognize how the digital revolution will require accountants' roles in effective decision making to shift.
$ 75.00
Course is unavailable for purchase.
NASBA Field of Study
Computer Software & Applications
Level
Overview
CPE Credits
2.0
Prerequisites
None
Last Updated
08/30/2018
14342
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