Event Summary:
This presentation explores how ChatGPT, a powerful AI tool, can enhance the effectiveness of accounting professionals in generating insights and supporting data-driven decision-making.
Participants will see ChatGPT’s practical applications, from summarizing financial data to drafting management commentary and performing comparative analyses. Attendees, regardless of their familiarity with ChatGPT, will leave with a clearer understanding of how AI might fit into their workflows safely and effectively.
The session acknowledges inherent risks such as potential inaccuracies, data privacy concerns, and compliance challenges, and discusses countermeasures to mitigate these issues, including anonymizing sensitive data and validating AI-generated outputs.
The session concludes by encouraging participants to experiment with ChatGPT for low-risk tasks so they might leverage AI tools in their professional practice.
Key Takeaways:
- Understand the Potential of ChatGPT in the Accounting Profession
- Discover Practical Applications for Accounting Analysis and Reporting
- Explore Integration with Strategic Initiatives
- Develop Awareness of Risks and Mitigation Strategies
- Learn How and Where to Get Started with ChatGPT
Speaker:
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Dr. Francis Melaragni, DHSc, MBA, CPCU, CMA, is a Principal Instructor at Northeastern University’s College of Professional Studies. Dr. Melaragni brings over 25 years of senior financial management experience in the technology industry, having played pivotal roles in the success of organizations ranging from start-ups to Fortune 50 companies. In addition, his expertise also includes operational improvement. Most recently, he led the financial and operational turnaround of a software company, steering it from near bankruptcy to becoming one of the fastest-growing and most profitable firms in its industry segment.
Dr. Melaragni holds a Doctor of Health Sciences (DHSc) from MCPHS University, an MBA from Babson College, and a Bachelor’s degree in Accounting from Bentley University. Additionally, he is a Certified Management Accountant (CMA) and Chartered Property and Casualty Underwriter (CPCU).
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Event Details:
Date: Monday, February 17, 2025
Time: 7:00PM, EST
Format: Virtual - Zoom (see link below)
CPE: 1.5 Hours
Field of Study: Technology & Analytics