ChatGPT for Accountants
  • CODE : RICA-0011
  • Duration : 60 Minutes
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Richard E. Cascarino, MBA, CIA, CISM, CFE, CRMA

Well-known in international auditing, Richard is a principal of Richard Cascarino & Associates based in Colorado, USA with over 32 years of experience in audit training and consultancy.

He is a regular speaker at National and International conferences and has presented courses throughout Africa, Europe, the Middle East and the USA.

Richard is a Past President of the Institute of Internal Auditors in South Africa, was the founding Regional Director of the Southern African Region of the IIA-Inc, and is a member of ISACA, and the Association of Certified Fraud Examiners, where he was a member of the Board of Regents for Higher Education.

Richard was Chairman of the Audit Committee of Gauteng cluster 2 (Premier's office, Shared Services and Health) in Johannesburg and was the Chairman of the Audit and Risk  Committee of the Department of Public Enterprises in South Africa.

Author of the book Internal Auditing - an Integrated Approach, published by Juta Publishing and now in its 3rd edition. This book is extensively used as a university textbook worldwide. In addition, he is the author of the Auditor's Guide to IT Auditing published by Wiley Publishing, now in its 2nd edition and the book Corporate Fraud and Internal Control: A Framework for Prevention, also Wiley Publishing. He is also a contributor to all 4 editions of QFINANCE, the Ultimate Resource, published by Bloomsbury. His latest books are Data Analytics for the Internal Auditor, and The Complete Guide to the CISA Examination, both published by CRC Press.

The introductory webinar covers what is ChatGPT?, What can it do?, the Uses of ChatGPT, Benefits for Financial tasks, and the benefits of common Financial usage.

It examines the overall impact on Financial Services as well as the limitations and dangers of ChatGPT.

It also introduces the second webinar in the series - Getting started in ChatGPT.

Areas Covered 

  • Automated Customer Services
  • Fraud Detection
  • Back office use
  • Report Writing
  • Automate Data Analysis
  • Generate Financial Projections
  • Communicate regulatory changes to clients
  • Combining with other AI tools
  • Record journal entries in compliance with GAAP standards

Course Level - Basic

Who Should Attend

Financial Accountants, Forensic Auditors, Internal Auditors, Financial Managers, Board members, Audit Committee members.

Why Should You Attend

ChatGPT offers a wide range of benefits across various domains, including but not limited to education, business, programming, and daily assistance. Here are some of the key benefits:

  • Accessibility of Information: ChatGPT provides users with easy access to a vast amount of information, explanations, and summaries, making it a powerful tool for learning and research.
  • Educational Support: It can serve as a tutoring aid for students by offering explanations, helping with homework, and providing practice questions across a wide range of subjects.
  • Enhanced Productivity: ChatGPT can assist in drafting emails, creating content, generating reports, and automating repetitive tasks, thereby increasing productivity.
  • Programming Assistance: It helps programmers by offering coding assistance, debugging help, and explanations of programming concepts, thereby speeding up the development process.
  • Language Learning: ChatGPT can aid in language learning through conversation practice, vocabulary building, and grammar explanations.
  • Customer Service: It can be integrated into customer service systems to provide instant responses to customer inquiries, reducing wait times and improving customer satisfaction.

While ChatGPT offers numerous benefits, users should be mindful of its limitations, such as the potential for inaccuracies and the importance of verifying critical information through reliable sources.

Topic Background

Since November 2022, ChatGPT has been downloaded by over 30 million users. ChatGPT enhances decision-making using open-source data from textbooks, websites, and other public information.

It can help craft responses for the back office and review the financials to provide a summary of business insights.

  • $200.00

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