AI in Financial Reporting

It has been a while since I posted, but I have been getting a lot of questions lately from clients and from my accounting students about the same topic:  Where does AI actually belong in the financial reporting process?  Everyone wants to know if they should be using it, and the honest answer is that it depends a lot on which part of the process you are talking about. I have been working with several clients on this over the last few months, plus I have an upcoming speaking session on AI in reporting, so I thought I would put some of these thoughts together here. For each point, I am also going to push back on myself a little, because I think that is a more useful way to think through this than just picking a side. Where AI is actually helping right now The clearest win I have seen is variance analysis. AI tools are good at scanning through a large number of GL lines and flagging the ones that look different from what history would predict. Think of a vendor payment that...

Covid 19 Dashboard

Well being asked to stay home has given me time to play around with Power BI and continue to improve my skills.  This weekend I put together a couple reports to look at statistics around COVID 19.  In the next few days, I will post some additional blogs to explain how I built it out, but in the meantime, I wanted to share the dashboard.  The data is coming from Github and I have the dashboard set to refresh nightly, but of course, I have no control over the source data.  

Feel free to leave your questions or comments below.  Please subscribe to my blog, so you will get updates and I post the details on how I built this out.


You can view the entire report here - Open Covid 19 Dashboard


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