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Emerging Technologies Virtual Conference

  • 10/27/2020
  • 9:00 AM - 1:00 PM
  • Webinar NJCPA

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Explore some of the latest digital advances that have the potential to boost efficiency, decrease errors, safeguard integrity and generate new insights on accounting and tax work. Join us to discuss accounting transformations, including processes, software, trends and more.

Designed for:  CPAs and financial professionals who want to utilize new technology to impact their practice.

    Level: Intermediate
    Prerequisites: None
    Developer: NJCPA
    CPE Credits: 4
    Area of Study: Specialized Knowledge - Technical

    Highlights:

    Session I
    Blockchain and Crypto Update
    Mark W. Eckerle, CPA – WithumSmith+Brown
    Dr. Sean D. Stein Smith CPA, CFE, CGMA, CMA – Lehman College
    Explore emerging topics and trends in the blockchain and crypto-asset space, including:

    • The continuing shift from permissionless to permissioned blockchains
    • The growing interest in stablecoins and other stabilized crypto-assets
    • The potential rise of CBDCs, from an informational point of view as well as key issues for practitioners
    • What to tell clients in the face of a lack of accounting guidance


    Session II
    Not Quite a Revolution, a Consistent Evolution
    Karolis Matulis, CPA, CVA - WilkinGuttenplan
    Drastic evolutionary developments in tax preparation technology are seemingly rare, but the software programs are generally sufficient for quick and accurate returns. However, emerging technological developments are focused on the peripheral processes and the way humans interact with core technologies. This session will discuss:

    • Changes in the way CPAs obtain information from clients, transform the information for input and deliver the output to clients
    • The functionality that currently is — and is not — available from off-the-shelf tax software
    • How CPAs can fill the gaps by creating their own automation tools


    Session III
    Driving Business Value Using Robotics Process Automation (RPA)
    Gregory Fritsky - EisnerAmper LLP
    Emerging technologies offer a wealth of opportunities for accounting professionals to rethink and reshape the way they perform day-to-day activities. This discussion will focus on how new technologies such as RPA are being deployed in various industries and how they can be used to automate business processes, enhance controls and produce better outcomes. Learn how to:

    • Identify and understand emerging technologies driving digital transformation including key products and solutions
    • Recognize how these technologies are transforming and improving business processes in various industries and functions
    • Explain and evangelize this technology to others to begin a digital transformation journey
    Session IV
    Using Modern Data Analytics Tools for Better Insights
    Jesse M. Herschbein, CGMA, CPA – Prager Metis CPAs LLC
    Using data analytics tools can help make engagements more effective and more efficient. This session will explore different ways to produce more accurate and insightful data and enable better decision making. Learn how to:
    • Enhance assurance engagements by looking deeper into the data to identify risk areas and compliance with systems
    • Improve understanding in advisory engagements by allowing new technology to give a better perspective on historical trends and current transactions
    • Produce more accurate forecasts and projections with better normalization of activity
    • Provide more comfort to CFOs and controllers by flagging unusual or unauthorized transactions
    • Generate timely management reporting that is easier to read and allows for better decision making


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      or (877) 637-2727
      Email: info@ndcpas.org

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