Slide 4: Positive Impacts of AI in Accounting Improved decision-making: Highlight AI's ability to provide predictive analytics based on data. Mention how AI helps accountants gain valuable insights for better financial planning. Briefly cite a source (e.g., The Institute of Management Accountants (IMA), 2020) to support your point. Increased efficiency: Discuss AI's role in automating tasks like data entry, reconciliation, and auditing. Mention its ability to process large volumes of data quickly and continuously. Briefly cite a source (e.g., Moss Adams, 2023) to support the positive impact of AI on efficiency. Data-Driven Insights: Explain how AI analyzes vast amounts of data to identify trends and patterns. Give examples of how these insights can be used for negotiation, budgeting, and overall financial health. Briefly mention how AI helps accountants gain a deeper understanding of their clients' businesses. Briefly cite a source (e.g., Jalonen, 2023) to illustrate AI's role in data analysis