There are an accelerating and disruptive digital technology transformation in progress. It is referred to as the "digital revolution". It can potentially adversely impact an organization's competitiveness and will be replacing employee jobs with computers. The accounting profession needs to prepare itself for substantial change and a threat to jobs in accounting. Vulnerable jobs are transactional ones (e.g., payroll, payables, receivables, auditing, filings). Digital transformation is not exclusively about physical robots but also about software robots that perform functions that white-collar employees perform. Digital transformation presents great potential but also raises concerns. It can provide invaluable business enhancements but also be a threat to one's job security.
Why Should You Attend
>> Are many of our decisions based on intuition or experience rather than on fact-based data?
>> How much competency does our organization have with analytics?
>> How much resistance to change does our organization have that is slowing our adoption rate of progressive managerial methods?
>> How vulnerable are accountants to the risk of a computer replacing their job?
>> How can accountants mitigate the risk of their job being replaced by artificial intelligence (AI) and robotic process automation?
Objectives of the Presentation
>> Learning how artificial intelligence (AI), robotic process automation (RPA), and machine learning will impact jobs in accounting. >> How to apply unit-level consumption rates with forecasts to project operational expenses.
>> Why this impact can be a threat but also an opportunity.
>> Understanding the continuum of business analytics.
>> Skills needed to embrace digital automation.
>> Recognize impacted functions: transactional, period-end closing, auditing, regulatory filings.
>> Mitigating risks from digitalization automation.
Areas Covered in the Session
>> The threats from the digital revolution on the accounting profession
>> How artificial intelligence is impacting industries
>> Continuums of business analytics
>> Opportunities and risks from robotic process automation (RPA)
>> Skill needed to embrace digital automation
>> Five (5) effects from the digital revolution on accounting functions
>> Risk mitigation for the impact of digital automation
Who Will Benefit
>> CxOs
>> CFOs
>> Financial officers and controllers
>> Managerial and cost accountants
>> Financial and business analysts
>> Budget managers
>> Strategic planners
>> Marketing and sales managers
>> Supply chain analysts
>> Risk managers
>> CIO and information technology staff
>> Board of Directors
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https://bit.ly/34Z5bIo
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