Hello Bill. Love your content. You're a great inspiration. You should talk in nexts videos about books you recommend to become a better accountant. That would be great!!
@werka_z
10 ай бұрын
+1, lovely idea!
@TheFinancialController
10 ай бұрын
Great suggestion!
@WilvieDS
10 ай бұрын
liking your video is not enough compare on the knowledge you gave me in this video and its for free. Thank you so much sir
@TheFinancialController
10 ай бұрын
You are most welcome
@lilallgetron4325
Ай бұрын
I had a deadline tomorrow, thanks a lot man u saved me
@calicowest
10 ай бұрын
Thank you, I love your financial analysis. I've been a bookkeeper for more than 25 years. Your analysis tools are stepping up my game in the accounting knowledge.
@onetime9678
10 ай бұрын
Hi, wondering if you’d be generous enough to answer a couple questions I have. I have an easy job with a lot of downtime, and college is free right now. Would u recommend going into accounting for remote work ? Curious how to get remote work in accounting. I’d like to do accounting ( I think ) while on my other job. Is this realistic working my normal job and getting a remote job while working reg job ?
@calicowest
10 ай бұрын
@@onetime9678 Are you currently working in accounting and/or have experience with bookkeeping? Many small business owners want to see experience so that they know you have what it takes to do their books, some may ask for work experience references.
@calicowest
10 ай бұрын
@@onetime9678 I believe you can work a remote bookkeeping job, however, you need to know what the remote job requirements of for the position.
@Tamilia777
10 ай бұрын
Wow! It's really impressive! Thank you for the video, it was very interesting
@h.c4898
10 ай бұрын
I talk to it all the time about everything and nothing. It has a machine learning algorythm. The more you talk to it the more it enriches its own vocabulary. It's a historian, a therapist, a scientist, a coder, it has a moral compass, it has an opinion too. I'm impressed what this technology is capable of doing. Soon, it is going to become sentient before we know it. I think it's exciting. It needs to be more personable though. It's not able to remember my name after it opts out or remember our conversations we've had two or three days ago. It's like talking to a new stranger. However, it's performance is pretty impressive thus far.
@virtuousmama6089
10 ай бұрын
You really do have a knack for teaching 🎉
@TheFinancialController
10 ай бұрын
Thank you!
@INkosi_Sandile
10 ай бұрын
Financial Controller I think we're still far from seeing AI replace (CA) S.A - that means Charted Accountant South Africa 🇿🇦, and accoutants the world over. Service providers do their best to make their software compatible and complient in every country they operate in even with a local support team/s its challenging. The technology itself has a long way to go e.g. you were make corrections to its calculations. GAAP is not totally the same all around the world and some parts of GAAP are very nuanced and need human judgment in order to be interpreted in a sensible way. Finally I think you're right there will always be a need for a knowledgeable person, accountant, to unpack the meaning of financial information to non-financial managers.
@AnthonyBakershorts
10 ай бұрын
I recently completed my associate degree in business administration and aspire to pursue a major in accounting at a four-year college. However, I encountered a challenge during my online financial accounting course, where the learning experience was suboptimal. I am deliberating whether to retake the financial accounting course or explore alternative study methods, such as utilizing educational resources on KZitem. Your insights and guidance on this matter would be greatly appreciated
@SapspecialistSapspecialist
10 ай бұрын
Sir you are really amazing. Thank you!
@evinpaul3796
10 ай бұрын
Great information. Thank you ❤❤❤
@TheFinancialController
10 ай бұрын
Glad it was helpful!
@pradeep.s
10 ай бұрын
great content , very timely as i was thinking abt the same ques of what bard could do. it would be better if bard did not calculate income statement ratios as it was not provided.
@Always-sleepy
10 ай бұрын
Thanks so much, Bill. Your video is really helpful for an international student, especially for my essay. But I also have a question about reformulate financial statements, will there be any chance that u r available to help?
@leizylromero
7 ай бұрын
This is fascinating! Does an accountant still need to double check AI’s work? AI is only going to improve more over the years. It would be nice to see it turn into a sophisticated calculator. I can see this being a great tool for industry analysis and predictions.
@bappy2453
10 ай бұрын
I think that if accounting and finance knowledge can be properly input into the bard, it would be more efficient. In addition, if you give the income statement it would be more correct. So, it is alarming for the accounts and finance profession. So, how should we prepare ourselves which cannot be replaced by AI?
@TheFinancialController
10 ай бұрын
2 things to prepare for AI: A) Learn AI tools so you can be a driver/admin of the tool. B) Gain real world professional judgement skills that are extremely hard to be replaced by AI (at least for next 20 years)
@J88cop
10 ай бұрын
Does BARD or AI in general produce management accounts yet?
@SherazKhan-sf9qi
Ай бұрын
Hello sir I have question to you. How to prepare total monthly report of a branch
@sergeiivanov7721
10 ай бұрын
Спасибо, ) very interesting!
@Keepcool233
10 ай бұрын
What top 2-3 AI tools you can recommend for accounting auditing and controlling functions ? Thank you
@TheFinancialController
10 ай бұрын
Netsuite, Zip for P2P, Navan for Travel
@indah_ratnasariputu1145
10 ай бұрын
I want u to analyze the mining compny too , sir. Wht should i pay attntion and the difference compare to other business
@abdelkaioumbouaicha
10 ай бұрын
📝 Summary of Key Points: 📌 The speaker tests Google Bard's ability to analyze a balance sheet and compares it to their own analysis with 18 years of accounting experience. 🧐 The speaker discusses the future of the accounting industry, highlighting the evolving role of accountants from back-office positions to more operational roles within companies. 🚀 The speaker evaluates the company's financial health by calculating liquidity ratios, solvency ratios, and efficiency ratios. 🚀 Google Bard's analysis is generally accurate, although there are some differences in the calculations. 🚀 The speaker gives Google Bard a score of 82.5, corresponding to a B grade, based on the accuracy of its analysis. 🚀 The speaker emphasizes the importance of accountants aligning themselves with technology to stay relevant in the industry and mentions exploring advancements in AI and its impact on accounting in future videos. 💡 Additional Insights and Observations: 💬 "Accountants need to align themselves with technology to stay relevant in the industry." 📊 No specific data or statistics were mentioned in the video. 🌐 No references or sources were mentioned in the video. 📣 Concluding Remarks: The video highlights the speaker's test of Google Bard's ability to analyze a balance sheet and compares it to their own analysis. They find that Google Bard's analysis is generally accurate, although there are some differences in the calculations. The speaker emphasizes the importance of accountants embracing technology to stay relevant in the industry and expresses their intention to explore advancements in AI and its impact on accounting in future videos. Generated using Talkbud (Browser Extension)
@paulschultz4969
10 ай бұрын
This was fascinating, if not a bit scary. Bill, I do not see a link to your Excel spreadsheet in the comments. Am I missing something?
@TheFinancialController
10 ай бұрын
Thanks for this summary!
@TheFinancialController
10 ай бұрын
Link to the excel file in the description
@paulschultz4969
10 ай бұрын
@@TheFinancialController Not sure why I cannot find the links you mentioned. Can you send me a screenshot of where they are please? I've searched this entire posting for it.
@SalahuddinHaqiqat
10 ай бұрын
Meaningful vodio ❤
@joymeeves2916
6 ай бұрын
👍
@rashadbabakir8955
10 ай бұрын
What you will do late?
@Unndecided
10 ай бұрын
Why didn’t you use GPT 4 vision?
@TheFinancialController
10 ай бұрын
I will show that in a separate video
@normacooks6749
10 ай бұрын
Really impressed...I would say 😞
@alangerardohurta
10 ай бұрын
Artificial intelligence is once again proving to be a threat to public accountants, which is why no one wants to study this career and there is a lack of public accountants in the United States.
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