Robotic Process Automation (RPA) for Tax

Disruption

Course

Robotic Process Automation (RPA) for Tax

Instructor: Steve Palomino, CPA/CITP, CGMA, CIA

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    5h

Discover how robotic process automation (RPA) can transform your tax business by decreasing errors and increasing productivity—freeing you to focus on complex issues, tax planning and business growth.

Learning outcomes

  • Identify tax preparation processes that lend themselves to automation.
  • Identify data elements required to support the tax reporting process/business cases where RPA is applicable, including potential benefits and pitfalls.
  • Identify current data process flows required to support tax reporting needs.
  • Recognize how to confirm and validate that automation outputs meet functional requirement expectations.
  • Outline the flow of information.
  • Distinguish human versus digital roles.

£159.00 (CIMA members only)

£199.00

VAT calculated on checkout

Product information

Overview

Robotic Process Automation for Tax:

Leveraging digital transformation to drive value

Discover how robotic process automation (RPA) can transform your tax business by decreasing errors and increasing productivity—freeing you to focus on complex issues, tax planning and business growth.

RPA can improve the overall efficiency and system security of your tax practice leading to increased profitability and reduced firm risk. Empower yourself by learning about the tools you need to implement RPA in your firm and to educate clients on the benefits of RPA.

How

This course, designed specifically for accounting and tax professionals worldwide, will cover how RPA can be implemented to decrease errors and increase productivity within the tax function.

You will learn to identify steps in the tax preparation processes that lend themselves to automation, and discover how automation can transform your tax business, freeing you to focus on complex issues, tax planning and business growth.

Why

RPA will affect the overall efficiency of the tax practice by increasing profitability, supporting business growth, and reducing firm risk.

A recent report by the AICPA found that CPA firms hired 11% more non-accounting graduates in 2018 compared to 2016.

“Increased demand for technology skills is shifting the accounting firm hiring model. This is leading to more non-accounting graduates being hired,” said Barry Melancon, AICPA president and CEO, and CEO of the Association of International Certified Professional Accountants.

Given the shortage of talent to meet this growing demand for technology skills, there is a unique opportunity for accounting professionals to expand their skills to meet this need.

This course will help you identify the areas where RPA can be beneficial and understand how it can be implemented in your firm. Additionally, you will be able to educate your clients on the benefits of RPA.

Who should take this course?

  • Partners or firm decision-makers looking to utilize robotic process automation for tax
  • Accounting and finance professionals looking for more information on how robotic process automation will affect tax processes
  • Managers/decision makers looking to utilize robotic process automation for tax

Professional development

This Course - Online offers 5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:None
Programme level:Basic
Duration:5h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£159.00 (CIMA members only)

£199.00

VAT calculated on checkout

Instructor

  • Steve Palomino, CPA/CITP, CGMA, CIA

    Steve Palomino is a CPA/CITP, CGMA, CIA, and Managing Member at Palscott Business Consulting, LLC, in Dallas, Texas.

    Steve guides businesses leadership in the application of software robotics strategies to increase controls over operations and reporting. He uses his expertise in robotics to help companies achieve significant effort reduction, deploy controls and continuous audit capabilities, while transforming processes. He is a former member of the ITECH Committee, former Chair of the SBC Global Task Force, prior member of the AICPA’s Audit Peer Review Task Force.