A Bold Prediction for the Future of Accounting in the AI Era By Tom Hood

Future Finance

This week’s show notes are written by Microsoft CoPilot.

What does the future of accounting and finance look like? How can you leverage technology, especially generative AI, to take your career to the next level? Join Paul Barnhurst and Glenn Hopper as they explore these questions and more with Tom Hood, a renowned leader and innovator in the accounting profession.

Tom Hood is the EVP of Business Engagement and Growth at the Association of International Certified Professional Accountants. He has been a pioneer in integrating technology into finance for over 24 years, and he shares his insights and advice on how you can do the same.

In this episode, you will discover:

• How technology is reshaping the accounting and finance industry and what it means for you.
• How to start using generative AI today to automate tasks, generate insights, and create value.
• How to overcome the fear of failure and embrace risk-taking as a way to learn and grow.
• How generative AI will become more sophisticated and powerful in the near future and what you need to prepare for it.
• How to communicate effectively with your stakeholders and clients in the age of AI.

Don't miss this opportunity to learn from one of the most influential voices in the accounting profession. Listen to this episode and find out how you can harness the power of technology and generative AI to transform your career and the future of finance.

Follow Tom:

LinkedIn: https://www.linkedin.com/in/tomhood/

Company: https://blionline.org/

Blog: http://blionline.org/blog

AICPA & CIMA: http://www.cgma.org/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn: https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://qflow.ai/future-finance

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:38] - Latest AI developments and their impact on the finance industry

[11:40] - Introduction to the episode and guest Tom Hood

[12:58] - The intersection of technology and accounting

[17:03] - Practical benefits and risks of generative AI in finance

[21:03] - The future of generative AI in finance

[30:28] - Advice for aspiring accountants

[32:50] - Fun segment: get to know Tom Hood

[36:55] - Conclusion and final thoughts