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Author: |
Jeffrey Paul Borschowa, Author, Educator |
Course Length: |
Pages: 3 ||| Review Questions: 3 ||| Final Exam Questions: 5 |
CPE Credits: |
1.0 |
IRS Credits: |
0 |
Price: |
$14.95 |
Passing Score: |
70% |
Course Type: |
Video |
Technical Designation: |
Technical |
Field Of Study: |
Specialized Knowledge |
Approved Audience: |
NASBA QAS - NASBA Registry |
Key Takeaways: |
This video course teaches accountants how to use AI language models like ChatGPT to simplify client communication, improve research efficiency, and support financial documentation.
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Frequently Asked Questions: |
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Description: |
• The Problem: Explaining complex financial concepts to clients can be challenging. Accountants need to translate jargon into easily understandable explanations. • The Solution: Use AI language models to help! They can: o Generate simplified summaries of financial data. o Create different versions of reports tailored to clients with varying levels of financial understanding. o Draft email responses or even help create FAQs sections for your firm's website. What we’ll cover… 1. Efficient Research and Summary Generation:
2. Client Communication and Report Enhancement:
§ Generate simplified summaries of financial data. § Create different versions of reports tailored to clients with varying levels of financial understanding. § Draft email responses or even help create FAQs sections for your firm's website. 3. Drafting and Proofreading:
§ Draft initial versions of emails, letters, and less-critical reports. § Suggest alternative phrasing or more creative word choices to improve your writing. |
Usage Rank: |
48462 |
Release: |
2024 |
Version: |
1.0 |
Prerequisites: |
None. |
Experience Level: |
Overview |
Additional Contents: |
Complete, no additional material needed. |
Additional Links: |
Internal: ChatGPT for Accountants: Mastering the AI Revolution in Accounting and Finance (Video) (Course Id 2196)
Internal: Leveraging AI in Accounting Practice (Video) (Course Id 2655)
External: Artificial Intelligence Auditing Framework - The Institute of Internal Auditors (IIA)
External: What Is ChatGPT, and How Does It Make Money?
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Advance Preparation: |
None. |
Delivery Method: |
QAS Self Study |
Intended Participants: |
Anyone needing Continuing Professional Education (CPE). |
Revision Date: |
29-Jun-2026 |
NASBA Course Declaration: |
Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Keywords: |
ChatGPT and You: A Practical Guide for Accountants - CPA Cheat Sheet for ChatGPT (Video) - CPE course |
Learning Objectives: |
Course Learning Objectives 1.Apply AI Language Models for Efficient Research: Attendees will learn to leverage AI tools like ChatGPT to efficiently conduct research on tax codes, regulations, and financial reporting standards, significantly reducing the time spent on these activities while maintaining accuracy and comprehensiveness.2.Enhance Client Communications with AI Assistance: Participants will be capable of utilizing AI language models to simplify complex financial data into client-friendly summaries, tailor reports to varied understanding levels, and draft clearer, more engaging communication materials. 3.Improve Documentation Accuracy and Creativity: Attendees will gain the skills to use AI for drafting and proofreading financial reports, ensuring precision and clarity, and enhancing the creativity of written communications through suggested phrasing and word choice improvements. |
Course Contents: |
Chapter 1 - ChatGPT and You: A Practical Guide for Accountants - CPA Cheat Sheet for ChatGPT · Introduction to AI in Accounting: Quick benefits overview. · Getting Started with ChatGPT: o Sign up for OpenAI and access ChatGPT. o Familiarize yourself with basic commands and prompts. · Efficient Research with ChatGPT: o Bookmark key financial regulation sources for ChatGPT inquiries. o Create a list of common research questions for quick access. · Client Communication Enhancements: o Draft template emails for common inquiries using ChatGPT. o Develop a FAQ section for your website with ChatGPT's help. · Drafting & Proofreading with AI: o Use ChatGPT for initial draft suggestions. o Implement ChatGPT proofreading for less critical communications. · Sample Prompt for Efficient Research: o "Summarize the key points of the latest IRS tax regulation changes for 2024." · Sample Prompt for Client Communication: o "Draft an email explaining the impact of new tax laws on small businesses in layman's terms." · Sample Prompt for Drafting and Proofreading: o "Generate a brief overview of common financial reporting standards for a client newsletter, and suggest a headline." Chapter 1 Review Questions |
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