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myCPE

Leveraging AI for Data Analysis & Reporting 0.5 Credit

Leveraging AI for Data Analysis & Reporting 0.5 Credit

Artificial Intelligence (AI) Series

  • Kelen Camehl

    CPA (US), MBA
  • Rating

    4.5
  • Published on

    April, 2024
  • Subject Area

    Information Technology

Learning mode

E-Book
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • Identify AI tools like OCR and NLP for data extraction.
  • Recognize AI algorithms for data cleansing.
  • Identify data normalization and AI techniques.
  • Identify AI-driven forecasting techniques for accurate predictions.

Course Overview

Professionals today are poised at the brink of a transformative era, where the integration of AI technology promises to revolutionize traditional data analysis and reporting processes. Leveraging AI, professionals can embark on a journey towards increased efficiency and accuracy in their workflows. 

To facilitate this transition, this CPE course will offer invaluable insights and practical knowledge. Furthermore, we will delve into how AI enables automated financial analysis and forecasting, empowering professionals to make informed decisions with greater speed and precision. By generating actionable insights from financial data, AI facilitates strategic planning, equipping professionals with the tools they need to navigate today's complex business landscape with confidence and competence.

This course provides an overview of leveraging AI for data analysis and reporting in accounting.  It covers the automation of data extraction, cleansing, and normalization processes as well as how AI facilitates automated financial analysis and forecasting.  This course also addresses how AI generates actionable insights from financial data which aids in strategic planning. 

Key topics:

  • Using AI for Data Extraction, Cleansing, and Normalization
  • Automated Financial Analysis and Forecasting with AI
  • Generating Insights from Financial Data using AI Algorithms
  • Enhancing Reporting Capabilities with AI-Powered Tools

Join this CPE Information Technology Course, it offers professionals the chance to enhance their skills, advance their careers, and position themselves as leaders in an increasingly digitalized world.

On Demand Credits for All Qualifications

License details Credits Status
Information Technology for Certified Public Accountants (CPA-US) 0.5 CPE Approved
Information Technology for CPA in Canada 0.5 CPD Eligible
Information Technology for Certified Internal Auditors (CIA) 0.5 CPE Eligible
Information Technology for Certified Management Accountants (CMA) 0.5 CPE Eligible
Information Technology for Delaware Licensed Public Accountant (DE-LPA) 0.5 CPE Eligible
Information Technology for Certified Government Financial Manager (CGFM) 0.5 CPE Eligible
Information Technology for Certified Fraud Examiner (CFE) 0.5 CPE Eligible
Information Technology for Certified Information Technology Professionals (CITP) 0.5 CPD Eligible
Association of Chartered Certified Accountants (ACCA) 0.5 CPD Eligible
Chartered Accountant - ICAEW 0.5 CPD Eligible
Information Technology for Iowa Licensed Public Accountant (IA-LPA) 0.5 CPE Eligible
Information Technology for Maine Licensed Public Accountant (ME-LPA) 0.5 CPE Eligible
Information Technology (inc. Excel) for Certified FP&A Professional (FP&A) 0.5 CE Eligible
Chartered Accountants - Ireland (CAI) 0.5 CPD Eligible
Chartered Accountants - Scotland 0.5 CPD Eligible
CPA - Ireland 0.5 CPD Eligible
License details Credits Status
Information Technology for Certified Public Accountants (CPA-US) 0.5 CPE Approved
Information Technology for CPA in Canada 0.5 CPD Eligible
Information Technology for Certified Internal Auditors (CIA) 0.5 CPE Eligible
Information Technology for Certified Management Accountants (CMA) 0.5 CPE Eligible
Information Technology for Delaware Licensed Public Accountant (DE-LPA) 0.5 CPE Eligible
Information Technology for Certified Government Financial Manager (CGFM) 0.5 CPE Eligible
Information Technology for Certified Fraud Examiner (CFE) 0.5 CPE Eligible
Information Technology for Certified Information Technology Professionals (CITP) 0.5 CPD Eligible
Association of Chartered Certified Accountants (ACCA) 0.5 CPD Eligible
Chartered Accountant - ICAEW 0.5 CPD Eligible
Information Technology for Iowa Licensed Public Accountant (IA-LPA) 0.5 CPE Eligible
Information Technology for Maine Licensed Public Accountant (ME-LPA) 0.5 CPE Eligible
Information Technology (inc. Excel) for Certified FP&A Professional (FP&A) 0.5 CE Eligible
Chartered Accountants - Ireland (CAI) 0.5 CPD Eligible
Chartered Accountants - Scotland 0.5 CPD Eligible
CPA - Ireland 0.5 CPD Eligible

Additional Information

Credits

0.5

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 Author

Kelen is a recognized author and reviewer of CPE courses and has authored over 150 courses (370+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.  His courses are available for purchase from many online CPE providers including the AICPA.  Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam.  He also serves as an Editorial Advisor for the AICPA’s "Journal of Accountancy".    

Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as a Principal in Accounting Policy with HP in Doha, Qatar.  Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.

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.

Reviews and Ratings

out of 5

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MM

Michael Mcmahon, CPA (US)
5

I would recommend taking this course!

MA

Michelle Akard, CPA (US)
5

Interesting Read

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