Finance and Accounting IPA and RPA

Welcome to myCPE

Finance and Accounting IPA and RPA - Part 1

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

Learning Objectives

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.

Course Description

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
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.

Webinar Qualifies For

1.5 CPE Credit of Information Technology for Certified Public Accountants (CPA-US)
1.5 General Credit of Information Technology for Accountant/Bookkeeper/Tax Professionals
1.5 CPD Credit of Information Technology for CPA in Canada
1.5 CPE Credit of Information Technology for Certified Internal Auditors (CIA)
1.5 CPE Credit of Information Technology for Certified Fraud Examiner (CFE)
1.5 CPE Credit of Information systems for Certified Management Accountants (CMA)
1.5 CPD Credit for Association of Chartered Certified Accountants (ACCA)
1.5 CPE Credit of Information Technology for Certified Government Financial Manager (CGFM)
1.5 CPD Credit of Information Technology for Certified Information Technology Professionals (CITP)
1.5 CPD Credit for Chartered Accountant - ICAEW
1.5 CE Credit of Information Technology (inc. Excel) for Certified FP&A Professional (FP&A)
1.5 CPD Credit for Chartered Accountants - Scotland
1.5 CPE Credit of Information Technology for Iowa Licensed Public Accountant (IA-LPA)
1.5 CPD Credit for CPA - Ireland
1.5 CPD Credit for Chartered Accountants - Ireland (CAI)
1.5 CPE Credit of Information Technology for Maine Licensed Public Accountant (ME-LPA)
1.5 CPE Credit of Information Technology for Delaware Licensed Public Accountant (DE-LPA)

About Instructor

Lynn Fountain, CRMA, CPA (US), CGMA, MBA

Owner, Lynn Fountain Consulting and Training

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.

Additional Information

Duration

1.5 Hours

Course Level

Basic

Instructional Method

Group Internet Based

Pre-requisites

None

Advance Preparation

None

FAQ’s

Click Here to View

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.

Ratings and Review

4.5

Excellent

Very Good

Average

Poor

Terrible

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.