How Automation and AI are Enhancing Management Accountants
Overview
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.
Prerequisites
None
Designed For
Firm leaders, managing partners, owners, HR managers
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 “
Leader(s):
Leader Bios
Donny Shimamoto, Intraprise TechKnowlegies LLC
Donny is the founder and managing director of IntrapriseTechKnowlogies LLC, an advisory-focused CPA firm focused on innovation acceleration and organizational development for small businesses, middle market organizations, and nonprofits. Donny is a recognized thought leader and educator in the fields of accounting technology, IT risk management, and performance management. His dedication to helping accountants and organizations strategically leverage technology while proactively managing their business and technical risk is paramount. Donny also serves as an business transformation advisor and outsourced “IT partner” for local & regional firms, finance departments, and internal audit departments who lack in-house IT executive leadership and IT audit expertise; He helps with risk assessments, IT-related advisory services, development of innovation strategies, streamlining of internal firm/department operations, and increasing staff proficiency with IT tools supporting internal operations and accounting/audit services delivery. Donny was recognized as one of the Top Thought Leaders in Public Accounting by CPA Practice Advisor from 2012 to 2020, Top 100 Most Influential People in Accounting (2013/2014/2017-2020) by Accounting Today, received the 2009-2010 President’s Award from the Hawaii Society of CPAs, was named to CPA Technology Advisor’s 40 Under 40 list in 2007 & 2009 & 2014, and was also a Hawaii Top High Tech Leader in 2004.
Non-Member Price $70.00
Member Price $50.00