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Finance and Accounting IPA and RPA - Part 1 2 Credits

Sep 17, 2024, 09:30 AM ET

Finance and Accounting IPA and RPA - Part 1 2 Credits

Digital Transformation: IPA and RPA, RPA Automation Process, and Actions for Successful RPA

  • Rating

    4.5
  • Reviewed on

    February, 2024
  • Subject Area

    Information Technology

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Sep 17, 2024, 09:30 AM ET

Learning Objective

  • To explore the components of intelligent process automation (IPA).
  • To explain robotic process automation (RPA) and how it is important to digital transformation.
  • To discuss the potential impact of automation.
  • To analyze the RPA automation processes.
  • To evaluate how RPA works.
  • To discuss actions for successful RPA, and analyze potential RPA process candidates.

Course Overview

Are you curious about the buzz surrounding digital transformation and how it can benefit your organization? Look no further than our Digital Transformation series, a four-course series designed to guide you through the process of adopting digital information technology to drive value and growth.  Digital transformation is more than just the digitization of existing processes; it's about fundamentally changing how you operate and deliver value to customers.

This CPE webinar by Lynn Fountain marks the second installment of our comprehensive Digital Transformation series. Building upon the foundations laid in the previous course, we delve into the topic of Robotic Process Automation (RPA) as it relates to finance and accounting. Due to the repetitive and rule-based nature of many financial processes, the finance and accounting department is a natural starting point for RPA implementations.

RPA is a software automation tool that enables the automation of routine tasks, such as data extraction and cleaning, through existing user interfaces. These tasks can range from accessing email and systems to performing calculations, creating reports, and checking files. However, before embarking on an RPA initiative, it is crucial to understand the impact of automation, the challenges associated with RPA, and key concepts such as bots, bot managers, and workflow design.

Key Topics discussed in this webinar:

  • The components of Intelligent Process Automation (IPA)
  • Robotic process automation (RPA) and its importance to digital transformation
  • The potential impact of automation
  • The RPA automation processes, and How RPA works
  • Actions for successful RPA
  • Potential RPA process candidates

This Information Technology course provides a comprehensive understanding of RPA in the context of finance and accounting, equipping you with the knowledge needed to effectively implement RPA initiatives in your organization.

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

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.

About Instructor

Advance Your Career with Lynn Fountain's CE/CPE/CPD Webinars
Lynn Fountain , CRMA

Owner, Lynn Fountain Consulting and Training

  • 4.5
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Lynn Fountain has over 39 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance.  Lynn has held two Chief Audit Executive (CAE) positions for international companies.   In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees.  The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.

Ms. Fountain is currently engaged in her own consulting and training practice.  She has successfully executed on several consulting assignments spanning areas of accounting, risk, ERM and internal audit.  She is a highly sought-after trainer and international speaker and has produced hundreds of courses delivered through seminars, conferences and on-demand training.  She is the author of three separate technical books.  

  • Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations”.
  • Leading the Internal Audit Function
  • Ethics and the Internal Auditor’s Dilemma

Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials. 


On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

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Owen Mccafferty
Owen Mccafferty, CPA (US)

Lynn is a very articulate presenter and gave wonderful differentiations between AI, Machine Language, Machine Learning, Robots, Bots, and all forms of Process Automation. Her presentation was within the announced time, but was within 3 minutes of a conclusion of the time, well beyond the minimum time for earning credit. I found her information so interesting that I did not notice the time until it concluded. Well done.

RH

Richard Hamiprodjo, EA

Very good info about Finance and Accounting IPA and RPA

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