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Figuring Out: AI in Accounting | Podcast #EP7 1 Credit

Figuring Out: AI in Accounting | Podcast #EP7 1 Credit

W.T.F. (We’re Trying to Figure Out) with Saul

  • Rating

    4.6
  • Published on

    June, 2024
  • Subject Area

    Accounting

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Learning Objective

  • Discuss the principles behind "Radical Pricing" in accounting.
  • Explore the transformative impact of AI integration in accounting.
  • Identify common challenges in adopting AI technologies.
  • Prepare for future trends in AI and pricing strategies.

Course Overview

Dive into the future of accounting in this thrilling episode with Jody Padar, a trailblazer in integrating AI and groundbreaking pricing models into the accounting landscape. 

In this Episode 7 of the W.T.F Series, we will discover how artificial intelligence and "Radical Pricing" are reshaping traditional accounting, challenging old norms, and introducing a competitive edge that pushes the boundaries of conventional practices.

We explore how this innovative approach reshapes financial models and drives transformative changes in how accounting services are valued and delivered. We will delve into the motivations behind this pricing model and its reception within the industry through seeded questions.

This podcast will focus on AI's role in transforming accounting practices. Jody shares insights into how Artificial intelligence is revolutionizing daily tasks, driving automation, and enhancing efficiency within accounting firms. We discuss the transformative impact of AI integration and explore the challenges and opportunities it presents for professionals in the field.

As we progress, we tackle the common hurdles in adopting AI technologies within traditional accounting firms. Through a discussion on overcoming resistance and implementing effective change management strategies, we explore how firms can navigate the challenges associated with AI adoption.

Join us as we dare to disrupt and embrace the future of accounting.

Key topics discussed:

  • Segment 1: The Impact of "Radical Pricing"
  • Segment 2: AI Transforming Accounting Practices
  • Segment 3: Overcoming Challenges with AI Adoption
  • Segment 4: Preparing for a Future with AI and Advanced Pricing
  • Segment 5: Broad Implications for the Accounting Industry

On Demand Credits for All Qualifications

License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 1 CPE Approved
Accounting for CPA in Canada 1 CPD Eligible
Financial Accounting for Certified Internal Auditors (CIA) 1 CPE Eligible
Accounting for Certified Management Accountants (CMA) 1 CPE Eligible
Accounting for Chartered Financial Analyst (CFA) 1 PL Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Accounting for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Accounting for Certified Fraud Examiner (CFE) 1 CPE Eligible
Business process design and engineering for Certified Information Technology Professionals (CITP) 1 CPD Eligible
Accounting for Internal Audit Practitioner (IAP) 1 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1 CPD Eligible
Chartered Accountant - ICAEW 1 CPD Eligible
Financial Reporting for Certified Financial Forensics (CFF) 1 CPD Eligible
Accounting for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Accounting for CIPM 1 PL Eligible
Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 1 CPE Eligible
Financial accounting concepts for Certified FP&A Professional (FP&A) 1 CE Eligible
Chartered Accountants - Ireland (CAI) 1 CPD Eligible
Chartered Accountants - Scotland 1 CPD Eligible
CPA - Ireland 1 CPD Eligible

Additional Information

Credit

1

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 Experts

Jody Padar
Jody Padar

Senior Tax Advisor, April

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Jody Padar, CPA, also known as The Radical CPA, is one of the accounting profession's foremost visionaries and pioneers. A well-known advocate for tech adoption and general forward-thinking behavior inside the profession, she has been consistently named one of the Top 100 Most Influential to the Profession by Accounting Today. She is the author of Radical Pricing which will be published in early 2024 as well as two other books, From Success to Significance: The Radical CPA Guide; and The Radical CPA: New Rules for the Future-Ready Firm. She is a regular contributor to a number of industry publications, including Accounting Today and CPA Trendlines, where she offers practical tips and advice on running a next-generation firm.  

Since her days as a small firm owner, she has advocated for bringing the accounting profession into the digital age and leading the next generation of accounting professionals to a better life where they can go home on time, give more to their clients and foster their passion for the industry. Currently a senior tax advisor at april, Jody loves the idea of using AI and automation to transform taxes, and she’s excited to help develop, evolve and share a simplified and pleasurable tax experience.  

Padar is married with two adult children and currently resides in Door County Wisconsin. She earned her BBA from Saint Mary’s College and MST from Northern Illinois University. Follow her on LinkedIn, X, Instagram and Facebook. 

Saulsony
Saul Sony

Director - Partner Success, MYCPE ONE

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Saul Sony is the Director of Partner Success at MY-CPE, a leading continuing education platform serving professionals across Accounting, Tax, Audit, IT, Finance, and HR domains in the United States, Canada, and the United Kingdom. Saul’s dedication and expertise have been instrumental in advancing MY-CPE’s mission to provide high-quality, accessible, and affordable education to professionals worldwide. 

Under his leadership, MY-CPE has grown its offerings and reach, establishing itself as a leader in the field of professional education. Saul continues to explore new avenues to enrich the professional growth of thousands of learners, staying true to his passion for education and empowerment.

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

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MMM

Mary Mulligan Mulligan, CPA in Canada
5

Thank you for the informative podcast! It was a pleasure to learn from the comfort of my home, and I appreciate being able to learn on my time as opposed to a set schedule!

RO

Roxanne Orticke, CPA (US)
5

I will look out for Jody Padar's book on this as the discussion was really helpful in what to look out for.

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