Accounting Voices Podcast

How AI & Chat GPT Are Disrupting Accounting Functions


Listen Later

In this insightful conversation, Nicolas Boucher shares his perspective on how artificial intelligence (AI) and tools like ChatGPT are transforming the accounting and finance functions.

He emphasizes that AI will not make these roles obsolete but rather enable professionals to focus on more strategic and value-adding activities. Boucher highlights the importance of embracing technology, learning coding (e.g., Python), and developing communication skills to effectively translate financial insights to non-finance stakeholders.

Key Takeaways:

  • AI and ChatGPT can significantly increase productivity and automation, allowing finance professionals to spend more time on analysis and strategic decision-making.
  • Learning coding languages like Python and leveraging ChatGPT's capabilities can automate mundane tasks and enable more effective data analysis.
  • Communication skills are crucial for finance professionals to effectively translate financial data and insights to non-finance stakeholders and decision-makers.
  • Embracing AI and continuous learning are essential for finance professionals to remain relevant and add value in a rapidly changing business landscape.
  • The future of finance lies in strategic advisory roles, providing insights and guidance to business partners, rather than solely focusing on compliance and reporting.

"The world is going to belong to people that are the best at communicating ideas, not going to belong to the people that have the best ideas." - Nicolas Boucher

◣━━━━━━━━━━━━━━━━━━━━◢

The Accounting Influencers Podcast, hosted by Rob Brown, is one of the world's leading shows for accounting leaders, professionals, finance specialists, software vendors, tech providers and influencers. To participate in our international virtual speed networking events for the accounting community, book your place at the next gathering. Great for building your personal brand and making valuable industry connections in return for a small donation to charity: https://accountinginfluencers.com/events

◣━━━━━━━━━━━━━━━━━━━━◢

Thanks to our sponsors:

ADVANCETRACK OUTSOURCING. Transform your accounting firm with AdvanceTrack. Our top-tier offshoring solutions free your team from mundane tasks, allowing you to focus on growth and client engagement. Experience seamless scalability and expert support. Visit advancetrack.com and elevate your practice today. https://www.advancetrack.com

ACCOUNTEX. Join us at Accountex London, the pinnacle of fintech innovation, May 15-16, 2024! Discover ground-breaking solutions from 295+ brands and gain invaluable insights at our CPD-accredited sessions. Connect with 10,000+ finance professionals. Elevate your practice – attendance is free, plus earn up to 16 CPD points! https://www.accountex.co.uk/london

DEXT. Streamline your accounting practice with Dext! Our cutting-edge tools, Dext Prepare, Commerce, and Precision, revolutionize data handling, saving you precious time and ensuring accuracy. Connect seamlessly with leading software like Xero and QBO. Join 500,000+ customers transforming their practices. Start your free trial and embrace efficiency today! https://dext.com

If you'd like to sponsor the show and elevate your brand with our audience, reach out to show host Rob Brown on LinkedIn and his team will reach out to fix up a chat to explore.

https://www.linkedin.com/in/therobbrown

You can also check out all shows on the Accounting Influencers YouTube Channel

https://bit.ly/AI-youtube

...more
View all episodesView all episodes
Download on the App Store

Accounting Voices PodcastBy Rob Brown

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

7 ratings


More shows like Accounting Voices Podcast

View all
Marketplace by Marketplace

Marketplace

8,758 Listeners

PwC's accounting podcast by PwC

PwC's accounting podcast

180 Listeners

The Mindset Mentor by Rob Dial

The Mindset Mentor

13,612 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,229 Listeners

Accounting Today Podcast by Accounting Today

Accounting Today Podcast

72 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

422 Listeners

The Daily by The New York Times

The Daily

112,584 Listeners

The Accounting Podcast by Blake Oliver & David Leary

The Accounting Podcast

333 Listeners

Crime Junkie by audiochuck

Crime Junkie

368,694 Listeners

Fiction - Comedy Fiction by The Sunset Explorers

Fiction - Comedy Fiction

6,445 Listeners

Future Firm Accounting Podcast by Ryan Lazanis

Future Firm Accounting Podcast

27 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

3,002 Listeners

CPA Trendlines Podcasts by CPA Trendlines

CPA Trendlines Podcasts

8 Listeners

Curiosity Chronicle by Sahil Bloom

Curiosity Chronicle

73 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,377 Listeners