Stop fearing the machine and start mastering it: 130 FAQs and 30 essential prompts to transform your practice today.
This course, developed entirely from scratch using the latest generation of AI research applications, provides a concise overview of the most common and practical questions accountants ask about Artificial Intelligence and how it is transforming modern accounting practice. Using a structured FAQ format, participants will explore over 100 real-world scenarios explaining how AI works, where it fits in accounting workflows, and how professionals can adopt it responsibly.
The course covers foundational concepts, day-to-day applications such as bookkeeping automation and tax research, and critical governance issues including data privacy, AI hallucinations, and professional liability. Participants will also examine how AI can assist with audit procedures, financial analysis, client communications, and firm-level strategy. Special emphasis is placed on maintaining professional judgment, ethical responsibility, and regulatory compliance while integrating AI tools into accounting engagements. The course concludes with practical prompts and implementation strategies that help accountants experiment safely and begin using AI immediately in their own firms.
Topics Covered:
Fundamentals of Artificial Intelligence in accounting
Practical day-to-day AI applications in accounting workflows
AI-assisted tax research, bookkeeping, and audit procedures
Risks, hallucinations, and ethical considerations in AI use
Client communication and transparency when using AI
Prompting techniques and AI training for accounting staff
Strategic adoption, governance, and regulatory compliance
Target Audience:
This course benefits CPAs, accountants, auditors, tax professionals, and firm leaders who want a practical, plain-English understanding of how AI is reshaping accounting work and how to use it safely and effectively.
MA, CMC, CITP/FITP
GARRETT WASNY, MA, CMC, CITP/FITP, is an artificial intelligence (AI) skills advisor to accountants, tax attorneys, enrolled agents, and tax preparers worldwide. His courses focus on the new intersection of accounting and technology, and provide guidance to practitioners on how to prosper in this dynamic age. His sessions demystify emerging cloud, mobile, and social applications, and explain in plain language how financial professionals can use these online tools to build trust, solve problems, and create new value. He’s also an award-winning Internet speaker, author, app developer, professional development specialist, and former management consultant for Price Waterhouse. He's published 50+ ebooks on computing and ethical issues related to accounting, written hundreds of articles and columns on Internet strategy, and delivered thousands of seminars and webinars to CPAs and accounting organizations around the globe.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
