By now you've heard of AI, and a lot about Generative AI (ChatGPT, Co-Pilot, etc.). And in experimenting with these tools, you've likely had some success and some disappointment. That's all part of the process! And it's also why we're bringing you this session, so that you can avoid the failures and accelerate the efficiencies. In this session you'll take a journey. From learning an effective method for prompting generative AI tools, to understanding the importance of data organization, to leveraging automations for strategic points in your customer experience, and to the ever-expanding area of building your own AI agents, this session will provide you with frameworks and processes to better understand AI and craft a strategy for your business.
DESIGNED FOR
All accounting/auditing professionals
BENEFITS
- Identify the impact of recent FASB standard-setting activities on the accounting for digital assets, including cryptocurrency
- Recognize the key accounting requirements introduced by ASU 2023-08 as they apply to common cryptocurrency transactions and balances
- Identify key audit considerations related to cryptocurrency, including risks affecting engagement acceptance, risk assessment, and audit procedures
HIGHLIGHTS
- Accounting and auditing issues related to cryptocurrency
- ASU 2023-08 and related FASB developments
- FASB discussions, Invitation to Comment, and research agenda updates
- Case study application of cryptocurrency accounting guidance
- Accounting for cryptocurrency transactions and balances
- Audit considerations for cryptocurrency engagements
PREREQUISITES
None
ADVANCE PREPARATION
None