Description
Headlines abound saying that Robotic Process Automation (RPA) and artificial intelligence (AI) is going to eliminate the need for accountants. In reality, RPA and AI provide a great opportunity for accountants to automate more routine procedures and focus on delivering more value-added insights to help improve an organization's performance or risk mitigation. Conversely, the use of AI within organizations can also have some perverse results if not managed properly. Accountants must be aware of these risks and work to ensure that the proper controls are in place to manage an organization's operational and financial risks associated with automation and AI. Attend this session to learn more about these technologies and their implications to the skills and knowledge needed to be an effective management accountant.
Designed For
Objectives
- Identify when traditional programming or RPA should be used for automation
- Identify when artificial intelligence should be used for automation
- Identify considerations for assessing the value of automations
Highlights
- Artificial Intelligence
Advanced Prep
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Leaders
Donny Shimamoto
The visionary behind the Center for Accounting Transformation, Donny is leading a movement to enable transformation and change the world for the better by empowering and equipping business and accounting professionals with leading-edge tools and techniques. An innovative thought leader, Donny is dedicated to strategic growth and transformation and throughout his career, has gained invaluable knowledge and exposure to a wide range of industries and sectors allowing him to harness the unique ability to bridge between business and technology. In 2001, Donny founded IntrapriseTechknowlogies LLC, a specialized CPA firm dedicated to helping small businesses and middle market organizations leverage strategic technologies, proactively manage their business and technical risks, and enable balanced organizational growth, and development. Donny also works with larger organizations as a trusted business advisor, facilitating organizational strategic planning and execution, IT governance and planning, enterprise architecture, information architecture and assurance, business process improvement, and business intelligence initiatives.
Qualifications
B.B.A. in Accounting & Management Information Systems, University of Hawaii at Manoa, Honolulu, HI (1997) Certified Public Accountant, Hawaii (2001) Certified Information Technology Professional, AICPA (2005) Chartered Global Management Accountant, AICPA & CIMA (2012) American Institute of Certified Public Accountants (AICPA)- 2023 - present: Tax Profession Strategic Advisory Group
- 2021 - present: Chair - National Conference of Lawyers and CPAs (2014 - present: Member)
- 2015 - present: CGMA Webcast Task Force
- Discussion Leader for Artificial Intelligence (December 2016) and Cybersecurity (November 2018)
- 2014 - 2016: Nominations Committee
- 2011 - 2014: Chair, Information Management & Technology Assurance Executive Committee
- 2010 - 2013: At-Large Member - Governing Council
- 2009 - 2012: Assurance Services Executive Committee
- 2009 - 2011: Co-Chair - Business Intelligence Working Group
- 2006 - 2009: Information Technology Executive Committee
- Other activities and leadership positions: ASEC Emerging Technologies Taskforce, ITEC Business Intelligence Working Group (Co-Chair), CGMA Webcast Taskforce, CITP Redesign Task Force, CPA Horizons 2025 Advisory Panel, EDGE Conference Steering Committee, Emerging Technologies Task Force, IT Competency Model Task Force, Risk-Based Auditing (IT Considerations) Working Group, TECH+ Conference Steering Committee
- 2002 - present: member
- 2010 - 2014: Board of Directors
- 2008 - 2010: Chair, Technology Advocacy Committee