This course will explore the use of ChatGPT and artificial intelligence chatbot technologies in the accounting profession. Participants will learn how to utilize ChatGPT to automate tasks, improve efficiency and accuracy, and provide real-time support to clients.
Objectives:After attending this presentation, you will be able to...
Identify the basics of ChatGPT and artificial intelligence chatbot technologies
Use ChatGPT to automate tasks and improve efficiency in the accounting profession
Utilize ChatGPT to improve accuracy and reduce the risk of mistakes in financial records
Supply real-time support to clients using ChatGPT
Generate financial reports using ChatGPT
Use ChatGPT to automate tax return preparation and financial planning
Deliver guidance on financial decision making using ChatGPT
Instructor: Garret Wasny, MA, CMC, CITP/FIBP
Fields of Study: Information Technology more info...
This course concisely explains the latest "see, hear, speak" multi-modal updates to ChatGPT and how they can be used in an accounting context. New features include vision processing, voice conversation, image generation, real-time Internet access, advanced data analysis, plugins and more. Discover how this technology can be used in mind-blowing ways to analyze financial data, optimize processes, and solve problems in the accounting domain. Through the lens of ChatGPT, practitioners can explore innovative solutions, automate routine tasks, and generate deeper insights and value to their clients and organizations in previously unimaginable workflows. You'll walk away with scores of advanced ChatGPT strategies and tips that can be immediately applied and deliver instant results to elevate the efficiency and effectiveness of your accounting projects and tasks.
Objectives:After attending this presentation you will be able to...
Identify the fundamental features and functionalities of ChatGPT in an accounting context.
Apply Custom Instructions to tailor ChatGPT's responses for specific financial scenarios.
Analyze financial statements, news releases, and other relevant data using ChatGPT.
Explore and identify business opportunities using hyper-local and sectoral analysis techniques.
Utilize Advanced Data Analysis for financial comparisons, and capital project evaluations.
Evaluate assets, space, and user interfaces using image analysis with ChatGPT.
Implement voice interaction with ChatGPT to enhance user experience and accessibility in financial tasks.
Instructor: Garrett Wasny, MA, CMC, CITP/FIBP
Fields of Study: Information Technology more info...
If there is a potential error, the IRS will assess a tax and add a hefty penalty, without even knowing the facts. As a tax professional, you will be exposed to the IRS and their methods of penalizing taxpayers for the smallest of violations. This presentation will focus on the rules and regulations that create the penalty, and the reasons that exist that the IRS will consider to remove those penalties.
Objectives:After attending this presentation, you will be able to...
Identify the authority of the IRS to assess penalties.
Recognize the common types of penalties that can be abated.
Develop a plan to request penalty abatement.
Review real examples of successful penalty abatement.
Many CPAs are becoming full-time or fractional CFOs for small businesses. In that position, they are the resident expert in finances, cash flow planning, and budgeting. But what about dealing with the IRS? The IRS has broad powers to administer the assessment and collection of taxes. From removing penalties to criminal prosecutions, this presentation focuses on how CFOs can prevent problems with the IRS and how to develop winning strategies if the IRS knocks on the door.
Objectives:After attending this presentation you will be able to...
Identify the authority and regulations of the IRS.
CPAs can be requested to assist attorneys in litigation support in criminal proceedings. For criminal tax cases, the IRS has recommended prosecution. However, the rules and stakes are different than a simple civil audit. This presentation will focus on how to assist defense attorneys in calculating tax loss, asking the right questions, and probe possible weaknesses in criminal tax investigations.
Objectives:After attending this presentation you will be able to...
Determine the common weaknesses in a criminal tax investigation.
Identify the key documents to review (In a sea of thousands of documents).
Select questions for your client to use in court proceedings.
