AI for accounting and the close
Reconciliations, account substantiation, entries, document extraction, commentary and notes: where AI can lighten or speed up a close, and how to keep an audit trail you can defend before your statutory auditor. Seven practical modules, on fictitious cases of a bank, an insurer and an asset management company.
Access: an e-mail address is enough, you receive a sign-in code. Free modules need no bank card.
What you will be able to do
- Tell workload gains from time gains, and find the critical path of a close
- Split a reconciliation between code, the language model and the reviewer
- Prepare account reconciliations and closed-source commentary, with no invented cause
- Spot unusual journal entries and calibrate an alert system (precision, recall)
- Extract data from documents and measure accuracy field by field
- Build an auditable set-up: risk, control and evidence matrix, answers to the auditor
Who it is for
Accountants, closing and consolidation managers, investment accountants and fund accountants at banks, insurers and asset managers.
Prerequisites
Basic accounting and knowledge of the closing process. The “Generative AI in everyday finance: safe use” course is recommended.
Included
- Video with chapters
- PDF slides
- Marked quiz
- Verifiable certificate
Programme
Fundamentals
- 01Where AI helps in a close: effort saved, time saved, critical path
- 02Reconciliations: code matches, the model classifies and cites
- 03AI-assisted account reconciliation and review files
- 04Entries: the engine calculates, the human validates; GL anomalies
Intermediate
- 05Reading and extracting documents: statements, trade confirmations, contracts; measuring accuracy
- 06Variance commentary and notes: drafting from closed material
- 07Internal control, auditability and a complete case, then final assessment
Training a team? Access for several employees, on quotation. admin@axent-consulting.com