2024 MSCPA Annual Convention: Details

Leveraging ChatGPT for Innovative Business Advisory Services

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Tuesday, July 16, 2024 @ 8:00am 10:00am
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Description

In this cutting-edge course, participants will gain a deep understanding of how to leverage ChatGPT, OpenAI's powerful language model, to innovate and enhance business advisory services in the accounting sector. The course integrates theory and practice, demonstrating how various enterprise evaluation methodologies can be applied in conjunction with ChatGPT for increased business analysis efficiency, profitability, and growth. It also provides hands-on training for implementing these techniques in real-world scenarios. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Prerequisites

Participants should have a basic understanding of business analysis and advisory services. Knowledge of accounting principles and a general understanding of artificial intelligence will be helpful, but is not necessary as these concepts will be reviewed d

Highlights

The major topics covered in this course include:
  • Introduction to ChatGPT and its applications in the business advisory context
  • In-depth exploration of enterprise evaluation methodologies like SWOT, PESTLE, BCG Matrix, McKinsey 7S Model, Ansoff Matrix, etc.
  • Practical case studies demonstrating application of ChatGPT in accounting business analysis
  • Key challenges faced by accounting firms and how ChatGPT can help overcome these
  • Best practices for implementing AI tools in the accounting sector
  • Future opportunities and trends in AI-enhanced business advisory services

Objectives

After attending this presentation, you will be able to...

  • Identify the core functionalities of ChatGPT and its applications in business advisory services
  • Analyze accounting firm challenges using a variety of enterprise evaluation methodologies
  • Develop strategies to overcome identified challenges and enhance profitability and growth using ChatGPT
  • Evaluate the efficiency of these strategies in real-world contexts
  • Create innovative solutions leveraging ChatGPT for unique business scenarios

Preparation

None

Credits

Category Amount
General 2.00