Foresight: The CPA Podcast asks CPAs to reimagine their position at the centre of the economy.
Accountants face an urgent choice: embrace change or risk falling behind, losing relevance and being replaced by competitors.
Foresight: The CPA Podcast takes a deep dive into how societal shifts are transforming the role of CPAs.
From AI to ESG. From protecting the environment to protecting professional ethics. Each episode asks CPAs to reimagine their position at the centre of the economy.
This podcast is part of the Foresight initiative from CPA Canada, aimed at setting a new strategic direction for the Canadian accounting profession.
Visit us at www.cpacanada.ca/en/foresight-initiative
Disclaimer: The views and opinions expressed in this podcast are those of the guest and do not necessarily reflect that of CPA Canada.
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La série Balados pour CPA : Voir demain invite les comptables à se repositionner en plein cœur de l’économie.
Les CPA doivent faire un choix urgent : s’ouvrir au changement ou être laissés derrière, perdre de leur pertinence, et être remplacés par des concurrents.
Dans chaque épisode, nous analysons en profondeur certaines transformations sociétales et leur incidence sur le rôle des CPA : éthique professionnelle, intelligence artificielle et facteurs environnementaux, sociaux et de gouvernance sont abordés.
Ces balados s’inscrivent dans le projet Voir demain, que CPA Canada mène afin d’élaborer une nouvelle orientation stratégique pour la profession comptable canadienne.
Pour en savoir plus, visitez-nous à: www.cpacanada.ca/fr/voir-demain-initiative
Avertissement : Les opinions et les points de vue exprimés dans cette série de balados sont ceux de l’invité et ne représentent pas nécessairement ceux de CPA Canada.
The role of the CPA in certifying the digital world of AI
On this episode, Simon Dermarkar, associate professor of accounting at HEC Montreal, discusses the evolving role of Certified Public Accountants (CPAs) in the age of artificial intelligence (AI) and data governance. Simon emphasizes the critical importance of data as the fuel of AI. He argues that it is natural for CPAs to apply their expertise in assurance and internal controls to the vast domains of digital data and AI-driven processes. By ensuring the quality of data that feeds into AI models, CPAs can play a pivotal role in enhancing the reliability and integrity of technological systems across various sectors.
Simon has poured these insights into his popular course, Audit and Big Data. He encourages students to go beyond the AI tools that simply speed up traditional accounting tasks by understanding how to audit and govern digital data. Through this course, accounting students learn to see themselves as key players in shaping the future of business and information management.
This episode is a must-listen for accounting professionals, students and anyone interested in the intersection of AI, data governance and the future of the accounting profession. Simon Dermarkar shares a compelling vision of how CPAs can become strategic partners in the digital revolution, contributing to a more sustainable and trustworthy information economy.
Disclaimer: The views and opinions expressed in this podcast are those of the guest and do not necessarily reflect that of CPA Canada.
Avertissement : Les opinions et les points de vue exprimés dans cette série de balados sont ceux de l’invité et ne représentent pas nécessairement ceux de CPA Canada.
To learn more about Foresight: The CPA podcast or CPA Canada's Foresight Initiative visit:
Foresight: The CPA Podcast (https://www.cpacanada.ca/en/foresight-initiative/podcast)
CPA Canada's Foresight Initiative (https://www.cpacanada.ca/en/foresight-initiative)
CPA Canada English (https://www.cpacanada.ca/en)
CPA Canada (Français) (https://www.cpacanada.ca/fr/)
25 Mar 2024
Meet the tax advisor’s newest partner: AI
On this episode with Benjamin Alarie, CEO of Blue J and a tax law professor at the University of Toronto, we explore another case study of an AI-driven platform penetrating traditional CPA competencies. Blue J's “Ask Blue J” platform allows professionals to input complex tax queries and receive detailed, sourced responses in conversational language. This shift signifies a move from manual research to a streamlined, AI-enhanced approach.
Tax professionals may feel anxiety towards the incursion of this powerful AI tool into their field, but Alarie argues that Ask Blue J complements rather than replaces human expertise. By automating early research stages, AI frees advisors to focus on strategic tasks like analysis and client advice, thus bolstering their role in the advisory process.
The conversation explores serious issues in AI integration into tax practices, such as data privacy, security, and ensuring the accuracy of AI advice. Additionally, the episode digs into the thorny ethical and legal questions of who is ultimately accountable for the advice this AI offers. Is it the AI company or the CPA who relies on it?
Listen now for insights on AI’s transformative potential and the need for CPAs and tax professionals to grasp AI's opportunities and challenges in tax advisory, emphasizing the necessity for adaptability and continuous learning.
To learn more about Foresight: The CPA podcast or CPA Canada's Foresight Initiative visit:
Foresight: The CPA Podcast (https://www.cpacanada.ca/en/foresight-initiative/podcast)
CPA Canada's Foresight Initiative (https://www.cpacanada.ca/en/foresight-initiative)
CPA Canada English (https://www.cpacanada.ca/en)
CPA Canada (Français) (https://www.cpacanada.ca/fr/)
To learn more about Foresight: The CPA podcast or CPA Canada's Foresight Initiative visit:
Foresight: The CPA Podcast (https://www.cpacanada.ca/en/foresight-initiative/podcast)
CPA Canada's Foresight Initiative (https://www.cpacanada.ca/en/foresight-initiative)
CPA Canada English (https://www.cpacanada.ca/en)
CPA Canada (Français) (https://www.cpacanada.ca/fr/)
11 Mar 2024
Can AI make sustainability reporting sustainable?
On this episode, Ryan Meyers, chief product officer at Manifest Climate, discusses how Manifest Climate, helps companies measure their sustainability efforts against regulations and see how they stack up against others. The platform uses AI to quickly check a company's reports against 50 regulatory standards, offering detailed comparisons and identifying where improvements are needed. Manifest Climate offers a case study in how artificial intelligence can be applied to the challenge of sustainability reporting and strategy. This is especially helpful for small and medium-sized businesses that might struggle to meet international sustainability standards due to limited resources.
While Manifest Climate doesn't rely on large language models (LLMs) for its core function, this technology is layered onto what the program is able to deliver to clients. Ryan Meyers talks about the potential benefits and drawbacks of using LLMs when summarizing and analyzing large amounts of data for compliance purposes. He stresses that while AI can be an amazing assistant, human judgment is crucial –especially for complex decisions.
Ryan Meyers shares a vision of how AI could make sustainability efforts more effective, and more achievable for small and medium sized companies. This episode is a valuable listen for entrepreneurs, business leaders, and professionals eager to leverage AI for a more sustainable future.
Disclaimer: The views and opinions expressed in this podcast are those of the guest and do not necessarily reflect that of CPA Canada.
Avertissement : Les opinions et les points de vue exprimés dans cette série de balados sont ceux de l’invité et ne représentent pas nécessairement ceux de CPA Canada.
To learn more about Foresight: The CPA podcast or CPA Canada's Foresight Initiative visit:
Foresight: The CPA Podcast (https://www.cpacanada.ca/en/foresight-initiative/podcast)
CPA Canada's Foresight Initiative (https://www.cpacanada.ca/en/foresight-initiative)
CPA Canada English (https://www.cpacanada.ca/en)
CPA Canada (Français) (https://www.cpacanada.ca/fr/)
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