This seminar explores the transformative impact of Generative AI (GenAI) on corporate accounting practices, examining both opportunities and challenges in integrating AI technologies into financial operations, reporting, and strategic decision-making.
Learning Objectives:
- Understand the fundamentals of GenAI and its applications in accounting
- Evaluate practical use cases for automation and efficiency improvements
- Develop strategies for implementing GenAI in accounting workflows
- Explore future trends and their implications for the accounting profession
CPE: Earn up to 16 credits
Agenda
8:45-10:10 GenAI Overview in Accounting & Finance
- Define key AI terms
- Demystifying the different forms of AI
- Practical use-cases today
- Exciting use-cases for tomorrow
- Strategies for approach AI adoption
10:10-10:25 Break
10:25-11:40 GenAI in Financial Accounting & Reporting
- Accelerate close and consolidation process
- Using AI to draft financial statement narratives, MD&A sections and footnote disclosures
- Evaluating outputs: when to trust, when to verify and how to document your review
- Integrating with existing systems to streamline
11:40-11:50 Break
11:50-1:05 Corporate Case Study
- Where we started and our path to trusting AI products and results
1:05-1:50 Lunch Break
1:50-3:00 GenAI Use Cases in FP&A
- Opportunities to use AI in budgeting, forecasting and advanced analytics
- Examples to walk through
- Prompts that work
3:00-3:10 Break
3:10-4:40 GenAI in Internal Controls and Risk Management
- Learn how to prepare your organization for AI-driven audit, compliance and governance challenges
- How GenAI can automate or enhance internal control activities
- How to evaluate and validate AI outputs as part of a sound control system
Speakers
Abby Cohen, Deloitte, Senior Manager
Glenn Snyder, Riveron, Senior Director - Interim Management, Head of FP&A
Dom Mills, Grant Thornton, Partner
Julie Dockins, Grant Thornton, Audit Senior Manager
Alex Brosseau, Deloitte, Senior Manager - Tax Policy
Brian Aubuchon, Riveron, Managing Director
Heather DiFiore, FTI Consulting, Senior Managing Director
Kevin Donofrio, KPMG, Director
Rich Daisley, RSM, Senior Manager, Accounting Standards Group
Ankita Shukla, RSM, Manager - ESG Advisory
Kizzy Guft, Protiviti, Managing Director
Shawn Seasongood, Protiviti, Managing Director
Devin Zeller, Protiviti, Director
Dan Hansen, Protiviti, Managing Director
Jon Medina, Protiviti, Managing Director
Who Should Attend
CFOs (and their staff), Controllers, VPs of Finance, Financial Managers, Internal Auditors, Tax Accountants, Treasury Staff, Accountants in Industry, Internal Control/SOX personnel, Consultants, Public Accountants, Educators
