Chat GPT for CMA Professionals: Revolutionizing Management Accounting with AI

  • 10
  • December 2024
    Tuesday
  • 10:30 AM PST | 01:30 PM EST

    Duration:  90  Mins

Level

Basic & Advanced

Webinar ID

IQW24L1240

  • Introduction to AI and ChatGPT for management accounting
  • Enhancing budgeting and forecasting with ChatGPT
  • Using AI to improve cost management and variance analysis
  • Enhancing financial reporting and stakeholder communication with AI
  • Leveraging ChatGPT for predictive insights in financial planning
  • Practical applications of ChatGPT in strategic decision-making
  • Best practices for integrating AI into management accounting workflows

Overview of the webinar

The role of the CMA professional is evolving, with AI tools like ChatGPT offering innovative solutions to traditional challenges in management accounting. 

This course will focus on how ChatGPT can be integrated into the workflows of CMA professionals to improve budgeting, cost management, variance analysis, and financial reporting. 

Participants will learn how to automate routine tasks such as data collection and report generation, allowing them to focus more on strategic financial planning and analysis. 

Additionally, the session will cover how ChatGPT can be used to enhance communication with stakeholders, streamline forecasting, and generate predictive insights for cost management. 

By the end of the course, CMA professionals will understand how to use ChatGPT to enhance their analytical capabilities, providing actionable data that can drive better decision-making across the organization.

Who should attend?

  • CMA Professionals
  • Financial Analysts
  • Management Accountants
  • Budget Analysts
  • Cost Accountants
  • Finance Managers
  • CFOs

Why should you attend?

In the world of management accounting, efficiency, accuracy, and strategic insights are crucial for decision-making. Certified Management Accountants (CMAs) are often required to handle large volumes of data, conduct cost analysis, prepare budgets, and generate financial reports—all tasks that can benefit immensely from the power of AI. 

This course is designed to show CMA professionals how to leverage ChatGPT in their day-to-day operations. You will learn how to automate repetitive tasks, improve financial analysis, and enhance decision-making with AI tools. 

By attending this session, you will gain a practical understanding of how AI can help you streamline processes, reduce errors, and provide deeper insights for more informed business decisions.

Faculty - Mr.CA Manish Gupta

With over 15 years of experience in the hospitality industry, I am a seasoned finance and business management professional, author, and founder.
I have authored a comprehensive guide on budgeting and forecasting principles for hospitality, and founded eHotel Management School, an online platform that offers over 30 courses on various aspects of hospitality management to over 100,000 students.
As the chief financial officer at Htoo Hospitality, I manage the overall business for six destinations, 15 hotels, and 800+ room inventory, with a manpower strength of 1500+.
I also serve as the acting CEO and head of business, setting up strategies and steering the re-opening of key hotels post covid.
I have successfully implemented ERP, management reporting systems, financial planning and analysis processes, and data visualization tools to optimize the operations and performance of the hotels.
I am passionate about learning and development, innovation, business growth, and lean management, and I aim to help one million professionals on finance, business management, and technology.

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