Generative AI: what accountants need to know in 2023

If you’re an accountant wanting to understand the risks and benefits of AI tools, this episode will help you.  AI tools can improve processes and increase efficiency. But what are the risks? Can these AI tools be trusted with sensitive business and client data?  Tune in now for expert insights.  Host: Garreth Hanley, Podcast Producer, CPA Australia Guest: Matt Dunn, Head of Automation, The Missing Link For more insights on today’s topic, INTHEBLACK has several useful articles.  These include a review of six generative AI content tools as well as expert tips for using ChatGPT in Microsoft Excel.  Additionally, there is a look at AI-generated video-making tools for business.  And for public practitioners, CPA Australia’s public practice resource has an article on the use of ChatGPT in an accounting practice.   For more information, you can read the report mentioned in this episode on Generative AI contributing $5 billion to Australia’s manufacturing sector by 2030.  CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:  With Interest INTHEBLACK Excel Tips Search for them in your podcast platform.  You can email the podcast team at podcasts@cpaaustralia.com.au

Om Podcasten

INTHEBLACK is a leadership, strategy, and business podcast from one of Australia's most respected business, accounting and finance publications – the award-winning INTHEBLACK magazine. INTHEBLACK brings together expert analysis and thought leadership across accounting, business and finance, taxation, technology, digital transformation, innovation, ethics and governance, ESG, the economy, careers, workplace and work life. Weekly episodes cover a broad range of topics that help businesses and finance professionals and corporate leaders understand, navigate and thrive in an increasingly complex business environment. Subscribe today to stay up-to-date with the latest episodes. INTHEBLACK is presented by CPA Australia, one of the world’s largest accounting bodies, with core services that include education, training, technical support and advocacy. CPA Australia publishes four podcasts: With Interest, INTHEBLACK, INTHEBLACK Out Loud and Excel Tips. To find out more about our podcasts, visit https://www.cpaaustralia.com.au/tools-and-resources/podcasts - or search for the shows in your podcast service. To contact the podcast team email us at podcasts@cpaaustralia.com.au.