Small Business Shared Interest Group

  • 1.  Free IMA Webinar Opportunities

    Posted 09-13-2024 05:00 PM

    Don't miss out on this exciting AI Webinar Series.  


    IMAs Power of AI Webinars

    Join IMA's four-part Power of AI webinar series. Topics to be covered range from foundational insights on the ways that AI can be applied, to discussions on the impact on the profession, automation, risks, and ethics.

    Link to Register: https://event.on24.com/wcc/r/4695849/6A99276E33062E44F2C8BA31DB6DECB1/5639297?partnerref=imasig



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    Narnesha Pawliczek
    Director/Manager
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  • 2.  RE: Free IMA Webinar Opportunities

    Posted 09-16-2024 09:56 AM

    Hi @Narnesha Pawliczek  

    This is an amazing and exciting event! πŸ™Œ I've been talking with @Ahmad Jumah recently about the practical uses of AI, and our conversation really got me thinking about how important these discussions are, especially for our industry. AI is transforming not just accounting but also areas like auditing, financial analysis, and even strategic decision-making, making events like yours incredibly timely and valuable. Our brains have been swirling with AI ideas!!!

    I wanted to highlight that there are actually 4 amazing free options (finance, automation, risk, trust . . .) that will be covered in the event, each offering unique insights that can truly help us leverage AI in both practical and innovative ways. The lineup you’ve put together sounds like a great mix of actionable tools and ideas.

    I really appreciate the opportunity to learn from experts, especially as we navigate AI’s growing impact. I know Ahmad and I were diving deep into this topic, so I’m excited to see it brought to life during your sessions. This is such a fantastic way to keep the community engaged and moving forward with the latest trends! πŸš€

    AWESOME!!!



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    Ilya Ilienko, dual MBA, CPA, CMA
    Board Member / Director
    East Coast - United States
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  • 3.  RE: Free IMA Webinar Opportunities

    Posted 09-16-2024 10:28 AM

    Hello @Narnesha Pawliczek  and @Ilya Ilienko

    Excellent discussion!

    I am analyzing responses from managers about AI adoption. Here are some hints.

    AI training has a greater influence on AI adoption than basic data analytics (DA) adoption because AI requires specialized skills, such as machine learning and automation. To successfully implement AI, employees must understand these advanced concepts. In contrast, DA typically involves tools like data visualization and statistical analysis, which professionals often already know. Thus, AI-specific training is crucial to closing the skills gap and boosting confidence in implementing AI solutions.

    Managers may view AI, machine learning, robotic process automation, and other technologies as costly to implement. High initial investments, integration complexities, and the disruption of existing systems can make short-term cost savings seem elusive. Additionally, the learning curve, hidden expenses like cybersecurity and maintenance, and the slow realization of cost benefits may contribute to the perception that these technologies do not immediately reduce costs.

    Emerging technologies also pose challenges for aligning IT with business strategy. Managers may feel that these tools disrupt existing processes and may not align with current strategic goals. The long adoption cycles of AI and related technologies can create a gap between IT capabilities and rapidly evolving business objectives. Further, resistance to organizational changes, the struggle to link technology adoption with tangible business outcomes, and potential conflicts with centralized decision-making processes contribute to the view that these technologies hinder IT-business alignment.

    Best regards,

    Ahmad



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    Ahmad H. Juma'h, CMA, CPA
    Professor of Accounting
    University of Illinois Springfield
    Illinois, USA
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  • 4.  RE: Free IMA Webinar Opportunities

    Posted 09-16-2024 02:27 PM

    This is exciting! I can't wait to learn more about how AI can be utilized to ease some of the routine administrative work in addition to assisting with more complex analytics. Data privacy surrounding AI is another factor that many companies are concerned with, so learning more about this will be beneficial.  I'll be signing up for this. 



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    Jennifer Pinder, MBA
    Controller
    Watchdog USA, LLC
    Philadelphia, PA
    United States
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  • 5.  RE: Free IMA Webinar Opportunities

    Posted 09-18-2024 08:58 PM

    Where can someone learn about AI? Best web places? 

    1. Best tools, newest tips, tricks?
    2. Best platforms and what for?
    3. Industry info per AI work, concentration and use of AI?
    4. Risks? Nitty gritty scandalous and criminal and crazy stories? Or problems and examples of unintended consequences maybe?
    5. Where is the money?
    6. What are AI companies looking for?
    7. What are companies looking for from AI?

    ?????????????????????????????????????????????LOTS of QUESTIONS



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    Ilya Ilienko, dual MBA, CPA, CMA
    Board Member / Director
    East Coast - United States
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