AI and Supporting the Close: Financial Reporting, Close Process, and Year-End Accounting Considerations
1.0 CPE Credit
in the field of Accounting (AC)
This webcast will position BDO’s perspective on how AI can support a more efficient, controlled, and insight-driven financial close process, with emphasis on financial reporting, close agreements, and year-end accounting considerations. The content will balance innovation with governance, highlighting where AI can accelerate drafting, review, reconciliations, variance analysis, disclosure support, and workflow coordination. The webcast will also reinforce the need for human oversight, internal controls, data quality, and accounting judgment.
Learning Objectives
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Identify opportunities to apply AI through the financial close process, including financial reporting, reconciliations, variance analysis, disclosure support, and workflow coordination.
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Evaluate how AI can enhance the efficiency and quality of close-related activities while supporting a more controlled and insight-driven financial reporting process.
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Recognize the governance, internal control, and data quality considerations necessary for the responsible use of AI in accounting and financial reporting functions.
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Assess the role of human oversight and professional accounting judgment when leveraging AI for year-end accounting considerations, financial reporting decisions, and close processes.