The AI Checklist for CFOs

PLUS: Free AI Class & Latest News

Welcome back SuperAccountant! Your newsletter to leverage AI in your work and become a Top 1% Accountant.

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Today’s AI Hallucination

In the age of AI, “average” is no longer acceptable. You really need to stand out and continue to stand out daily if you want to get to the top and stay there.

Today’s Menu

  • Free AI Course by Google

  • AI Prompt of the Day: Ask for prompts

  • Accounting News

  • Featured Article: The AI Checklist

Free AI Course:

This a great introductory AI course. You will become familiar with the various terms and the architectural design of AI.

AI Prompt

Try the prompt below and see the same results:

I am a CFO of [Industry/Sector] company and I am new to using ChatGPT. Our company generates $XX million is annual sales. Give me a list of essential ChatGPT prompts that will help me the finance departments improve our efficiencies and reduce redundancies.

Accounting News

Few weeks following its conversion from a LLP to a C-Corp, BDO has just announced the establishment of an Employee Stock Ownership Plan (ESOP). This is a first in the major accounting firms category. BDO USA CEO Wayne Berson said: “An ESOP is the realization of our purpose of helping people thrive, every day. Its a game-changer for our people, clients and communities, designed to improve lives for generations to come.” The question is: will other firms follow?

Vault just released the 2024 rankings of top accounting firms. The only major change when compared to 2023, is RSM moving from 8th position to 5th position, and Plante Moran from 5th to 7th.

Featured Article

CFOs need to carefully approach AI and any implementation of tools into their processes. CFOs need to be thoughtful on how to leverage AI and not rush and adopt new tools that may not ad any value. The article discusses the steps CFOs may want to take as they start thinking about AI within their organizations.