This course is part of CPA Australia’s suite of Digital Finance micro-credentialed courses. Successfully complete this course and receive a digital badge that you can share on LinkedIn and other social media platforms.
Description
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About Digital Finance
The Digital Finance suite of micro-credentialed courses examines the skills necessary to deal with finance and accounting in a digital world and equips you with the tools to apply emerging technologies in a real-world context.
About CPA Australia Micro-Credentials
CPA Australia’s Micro-Credentials are based on technical and non-technical competencies and align to our Accounting and Finance Capability Framework. Our partner, Credly will provide you with a digital badge on successful completion. Your digital badge allows you to demonstrate your capability and achievement, and can be placed on your LinkedIn profile, digital CV or email signature.
About Technology and its use in Finance
There is significant ROI to be gained by an organisation when adopting new technologies and tools. Tools like Robotic Process Automation, Machine Learning and AI work in parallel with employees, performing repeatable, standardised sets of tasks, thus allowing employees to focus on higher-value work. Finance professionals must learn to recognise and reap the full benefit of these technologies for their organisations.
This course consists of activities, videos and simulations to keep you engaged. It also features cases from leading companies, including IBM, Amazon, EY, KPMG, and Uber that showcase real world application.
Key topics of the course include:
Automation
- Introduces the basics of automation
- Demonstrates the value of automation technologies
- Empowers the finance professional to plan for successful implementation of automation technologies
Artificial Intelligence (AI)
- Demonstrates the benefits of AI to finance specific applications
- Considers the risks and challenges for implementing AI solutions
- Demonstrates how to build an effective AI strategy to add value for your organisation
Machine Learning
- Describes the basics and benefits of machine learning
- Discusses the risks and challenges for machine learning in detail
- How to build an effective machine learning strategy
Robotic Process Automation (RPA)
- Provides an overview and discusses the benefits of RPA
- Considers the risks and challenges for using RPA
- Explains how to build an effective RPA strategy
The Value of Automation
- Consolidate your knowledge of intelligent automation technologies
- Discuss how to reap the benefits of automation through a rich digital transformation strategy
- Understand the importance of governance risk and compliance, when implementing automation technologies
- Ethical considerations when implementing AI solutions
This course consists of one online course and assessment.
The assessment will be subject to security measures such as identification verification and webcam monitoring. Please read the Assessment and security policy and system requirements prior to making your purchase.
If you have commenced, or are about to commence, the CPA Program, please contact us before enrolling to this course.
Learning objectives
- Examine the use of AI/ML/RPA to create efficiencies and effectiveness in the organisation
- Evaluate the use of AI/ML/RPA to manage business risk
- Analyse the application and strategic impact of AI/ML/RPA in the organisation
- Apply appropriate tools and technologies in AI/ML/RPA to create innovative business solutions
Audience
This course is suitable for all finance and accounting professionals.
