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...

Dynamicscon - March 16, 2022

 I am excited to presenting at the upcoming Dynamicscon virtual event March 15 - 17, 2022.  To learn more about the event simply go to Home - DynamicsCon.

I will be presenting on Power Automate with Dynamics 365 F&O on March 16, 2022 at 1:30pm Eastern.

The event is free, so don't miss the opportunity to learn more about Dynamics 365 F&O.






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