Avitus Group Hosts Accounting Industry Artificial Intelligence Live Q&A Info Session for Students & Professionals 4.23; This as Accounting Industry Impacted Heavily by AI

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Avitus Group invites students & professionals worldwide to submit questions related to AI’s impact on the accounting industry via live virtual event April 23rd; participants encouraged to submit questions live or in advance and participate on 4.23.19.

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The basic bookkeeper who enters numbers, no longer exists. Time once spent on data entry is now used on personal interaction with clients focused on business growth.

“The basic bookkeeper who enters numbers, no longer exists. Time once spent on data entry is now used on personal interaction with clients focused on business growth,” says Avitus Group Director of Accounting Services Brenda Sherrodd. “Avitus Group is on the cutting edge of technology and has already adopted the latest digital industry trends. For example, our team uses superior AI tools allowing our clients the convenience of using their smartphones for a rapid receipt upload process.”

Avitus Group, a professional business services provider based out of the greater Denver, Colorado area (Aurora), is inviting students and professionals to its Accounting Industry Artificial Intelligence Live Q&A Information Session April 23, 2019 at 11:00 a.m. MDT. Participants can register for the event and ask questions during the live session or in advance.

“Digital intelligence is critical for those seeking a career in the field of accounting. Understanding the latest trends is important for many different stakeholders, including businesses, regulators and policy makers, academics and accounting practitioners. Our Q&A session is designed to answer questions businesses may have, as well as students and accountants wanting to succeed in this ever-changing industry,” says Sherrodd.

According to a January, 2019 press release and report issued by the Association of International Certified Professional Accountants (AICPA), Re-Inventing Finance for a Digital World, most finance teams and professionals are not evolving their skills fast enough to account for the impact of artificial intelligence, robotic process automation and other technologies. The report cites that more than half of finance leaders worldwide believe the competencies of their teams must “change significantly” over the next three years as new technologies take over traditional tasks.

“For the industry at large, this means shifting the focus from repetitive tasks to providing value and analysis that drives business growth,” says Sherrodd. “The report notes the importance of finance professionals having skills related to tasks only humans can do, not machines. Tasks such as leadership, empathy, creativity and judgement are the skills our team is focusing on. This allows us to provide an exceptional experience to our clients.”

For additional insight on AI's impact to the accounting industry, students and professionals are encouraged to attend the live Q&A session April 23, 2019 at 11:00 a.m. MDT.

Avitus Group is a worldwide company that simplifies, strengthens and grows businesses by providing 'back office' support (payroll, accounting, taxes, recruiting, information technology, human resources and much more). When a business uses Avitus Group, all of the necessary yet burdensome functions of the business become Avitus Group's responsibility, so the business can focus on what it does best. Avitus Group serves clients nationwide through regional office locations from coast to coast. The company also serves international clients around the globe.

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