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Description
The impact and effects of ChatGPT on the accounting and finance industry is tremendous - financial reporting, tax preparation and planning, audit and risk management, fraud detection, forecasting and budgeting, and customer service will not be the same again.
The emergence of ChatGPT and AI in accounting and finance has provided the potential for unlimited innovation in business and thus competitiveness of organisations. By embracing these technologies, accounting and finance professionals can enhance their value to clients, increase efficiency, and stay ahead of the competition. ChatGPT can also augment the work of human accounting and finance staff by generating insights and suggestions that they might not have considered otherwise.
The session will enable you to fully utilize its potential and apply it to your strategic thinking and decision-making processes within the ambit of accounting and finance.
Programme Outline
- Introduction to ChatGPT
- Navigating the ChatGPT interface
- Using ChatGPT for research, analysis and decision-making
- Using ChatGPT for communication
- Ethical considerations
- Opportunities and Challenges
This workshop qualifies for 3.0 CPE hours in Information Technology (Category 5).
What you will learn
- Understand the impact and effects of ChatGPT and AI on various aspects affecting the accounting and finance industry
- Learn how to leverage ChatGPT and AI to enhance the value, efficiency, and innovation of accounting and finance services
- Gain practical skills and knowledge on how to use ChatGPT to generate insights and suggestions for strategic thinking and decision-making in accounting and finance.
Laptop Requirements
Participants may bring along their laptops for this session to try out the various features to gain practical insights and understanding. The laptop will simply need to be able to access internet.
For participants without laptops, you will still be able to gain an appreciation on how your work can be impacted by emerging technologies.
Target Audience
Accounting and finance professionals who wish to learn, understand and apply the use of ChatGPT and AI in their professional work.
Expert Speaker
Dr Lim Thou Tin
Dr. Lim is a business graduate from the NUS. He holds a double Masters in information systems and knowledge management with further postgraduate qualifications in systems analysis, intelligent systems, marketing, management consulting and training. He has a doctorate of business administration from Southern Cross University with research interests in information systems and business modelling. He is also a certified business intelligence professional with specialisation in business analytics.
Dr Lim’s work experience includes working in large Singapore companies to MNCs in senior corporate, IT and project management positions. As a management consultant and practitioner, he has facilitated organizational initiatives / projects over a span of more than 15 years in the region, including Australia, Singapore, Malaysia, Mauritius, China, India, Indonesia and Thailand.
Dr Lim continues to be involved in senior management education at local tertiary institutions, teaching information and accounting topics at degree and postgraduate level with research and publishing interests in knowledge management and business intelligence.
Buffet Lunch will be provided to attendees after the workshop.