BUILD AN ULTRA PROFITABLE OUTSOURCED ACCOUNTING PRACTICE WITH AI IN QUICKBOOKS
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Course Details

Overview of Topics

  • The Potential of Artificial Intelligence :2 mins
  • What are the different risks associated with the implementation of Artificial Intelligence.9 mins
  • How Finance & Accounting can leverage the benefits of Artificial Intelligence.14 mins
  • How to start planning for Voice and Text AI within your organization.16 mins
  • Different Finance and Accounting functions with respect to AI ?30 mins

Course Description

According to Accounting Today, Client Accounting Services or Outsourced Accounting is one of the fastest-growing service lines for public accounting firms. And it makes sense, the value-add opportunities that come from bookkeeping and being in the numbers are huge. This webinar explains why and how you can build hyper profitable outsourced accounting services in an efficient, automated* & tech-enabled manner

Gartner estimates that 33 percent of all occupations will be performed by smart robots by 2025. Accounting & Finance Industry are predicted to be the industries where AI will make a significant difference. If you’re an accounting, tax or finance professional; you must embrace this change and stay ahead of your peers.

In this Interactive CPE Webinar you’ll learn how you can implement AI in your firm and in your organization can reap the benefits of increased efficiency and less labour. Voice and Text based accounting is not a future anymore, whether you are CFO, Controller or Accountant of a company using ERP or CPA, Accountant in Public Practice using Quickbooks or any Other software. We will explore the now, the potential, risks and unknowns of the future of Voice and Messaging powered by AI to manage Corporate Finance and Accounting. We will showcase our tool that seamlessly integrates with Quickbooks which helps you in Accounting, Reporting & Review through voice & text. Voice & Text technology with AI will really impact each and every aspect of accounting, right from capturing the transactions, to posting, to approval, to review, to reporting and an intelligence.

We will also put our insights on "How to start planning for AI within your Finance and Accounting functions or in your firm" . We will provide the understanding on 

  • Where your data sits
  • What all Integrations are required
  • What are the immediate possibilities
  • How to nurture AI to expand automation over time.

Learning objectives

  • How AI is disrupting many industries, including accounting industry.
  • Foundational concepts of AI and machine learning.
  • How you can do the accounting via Voice & Text technology in Quickbooks.
  • How to leverage Instant Finance and Accounting data access to help different departments move faster through voice & text technology.
  • Learn how Enterprise Artificial Intelligence will develop & unlock, that transforms intelligence.

About Presenter

I have been lucky to have been an entrepreneur in finance. Then a strategy consultant during which I launched products around the world and some achieving millions in revenue. From there I joined Dun & Bradstreet and worked in Product, Innovation, Sales Strategy, Operations Strategy and Customer Experience helping turnaround a business which is now a $900MM ARR commercial line. From there I took some time off, advised and consulted a few companies and now I'm the VP - Head of Americas for Focus Softnet a global enterprise workflow and AI company. 

Established in 1992, Focus Softnet rose from a regional IT company to a multinational business solutions provider and innovator. With its acclaimed products and services, a strong emphasis on R&D and a richly experienced workforce, Focus has expanded across 17 countries around the globe, operating from 27 offices.

Since its inception, Focus has ensured that its products not only use state-of-the-art technology but are also feature-rich and based on extensive research. This has earned Focus, partnerships and business associates from all around the world from major business organisations.

As an IT solutions provider with over 25 years of experience and multi-domain expertise, Focus Softnet's consulting services and skillsets are backed by a vast knowledge-base and a keen understanding of what it takes to run and grow a business. The focus has come to be known for re-engineering business processes, optimizing resources, developing and deploying user-friendly, flexible and cost-efficient industry-specific solutions.

Reaching its first quarter of a century, Focus is expanding further to serve more businesses across the globe.

Review Questions

  • Question 1 : 00:15
  • Question 2 : 00:30
  • Question 3 : 00:50
  1. What is full form of NLP and what is used for?
  2. Artificial Intelligence is already being embedded into places like :
  3. ● What is the foremost benefit of Artificial Intelligence among all benefits?
  1. What are the different subcategories of Artificial Intelligence?
  2. What are the risks associated with AI implementations?
  3. What methodologies would help your data to be searched via Voice & Text within your system?
  4. How Artificial Intelligence can be helpful in Finance & Accounting?
  5. How to start planning for the implementation of AI within your organization ?

FAQ

  • myCPE self-study courses are online.
  • The self-study format allows you to access the material online 24/7 and study at your own pace.
  • As per NASBA guidelines, you have one year from date of registration to complete each program.
  • Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
  • Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.
  • These are Live recorded presentations converted into Self Study (On-Demand Videos).

Refund/Cancellation Policy

  • For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
  • Please email to   help@my-cpe.com  in case of any self study program queries.

Reviews

4.3
(79)
51%
35%
9%
1%
4%
  • MD
    Mark Domzal , CPA
    Feb 14th 2020
    Great to stay on cutting edge of AI and machine learning!
DF
Deborah Francis , MBA
very clear and understable information
MB
Mirza Baig , CPA
Happy I attended the webinar.
JK
Joseph Kiley , MBA, CPA
thank you!

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

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Segment Reporting Basics
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Goodwill Impairment Basics (1 Hour)
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Revenue – Five Steps to Recognition
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GUIDE TO DEPRECIATION UNDER THE TCJA
Wednesday, July 29, 2020 View Details/Register
PAYROLL FRAUD INFORMATION AND DISCUSSION
Wednesday, July 29, 2020 View Details/Register
Forecasting in a Time of Uncertainty (COVID-19)
Tuesday, July 28, 2020 View Details/Register
TAX IMPLICATIONS AND PLANNING DUE TO COVID-19
Tuesday, July 28, 2020 View Details/Register
UBIT Under The TCJA
Tuesday, July 28, 2020 View Details/Register
Tax Planning Under Tax Cuts & Job Act : 10 Tips to Reduce Taxes for your Clients
Tuesday, July 28, 2020 View Details/Register
Tax Consequences on the CARES Act – Overview of major tax issues from the CARES Act and related notice including planning tec
Monday, July 27, 2020 View Details/Register
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Monday, July 27, 2020 View Details/Register
  • Cost FREE
  • CPE Credits 1
  • Subject Area Information Technology
  • Course Level Basic
  • Instructional Method QAS Self Study
  • Prerequisites None
  • Advanced Preparation None
  • Recorded Date January 24 ,2020
  • Published Date January 24 ,2020
  • Who should attend? Finance Pros Bookkeeper Accountant CFO/Controller QB Pro Advisor CPA - Mid Size Firm CPA - Large Firm Entrepreneurial CPA Finance Director Senior Accountant VP Accounts VP Finance
  • Handout Material Download
  • Key Terms Download

On-Demand Webinars

2021 Annual Federal Tax Refresher Course
Wednesday, July 08, 2020 View Details/Register
Segment Reporting – A Detailed Review
Thursday, August 06, 2020 View Details/Register
Goodwill Impairment Testing
Thursday, August 06, 2020 View Details/Register
Segment Reporting Basics
Thursday, August 06, 2020 View Details/Register
Goodwill Impairment Basics (1 Hour)
Thursday, August 06, 2020 View Details/Register
Revenue – Five Steps to Recognition
Wednesday, July 29, 2020 View Details/Register
GUIDE TO DEPRECIATION UNDER THE TCJA
Wednesday, July 29, 2020 View Details/Register
PAYROLL FRAUD INFORMATION AND DISCUSSION
Wednesday, July 29, 2020 View Details/Register
Forecasting in a Time of Uncertainty (COVID-19)
Tuesday, July 28, 2020 View Details/Register
TAX IMPLICATIONS AND PLANNING DUE TO COVID-19
Tuesday, July 28, 2020 View Details/Register
UBIT Under The TCJA
Tuesday, July 28, 2020 View Details/Register
Tax Planning Under Tax Cuts & Job Act : 10 Tips to Reduce Taxes for your Clients
Tuesday, July 28, 2020 View Details/Register
Tax Consequences on the CARES Act – Overview of major tax issues from the CARES Act and related notice including planning tec
Monday, July 27, 2020 View Details/Register
CECL Overview
Monday, July 27, 2020 View Details/Register
Accounting for Business Combinations Overview
Monday, July 27, 2020 View Details/Register