ChatGPT and the ELI5 Approach for Accounting Professionals

Overview

This course provides a comprehensive overview of the ELI5 (Explain Like I’m 5) approach and its application in the accounting profession using ChatGPT, an advanced language model. Discover how to simplify complex financial information and tax regulations using this innovative approach. Explore how practitioners can effectively communicate intricate topics to their clients to add value and build trust. You’ll walk away with a foundational understanding of the ELI5 approach and how to use ChatGPT to improve your communication strategies. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Course Instructor: Garrett Wasny, MA, CMC, CITP/FIBP

Highlights

The major topics covered in this course include:

Understanding the ELI5 Approach
60 Variations of the ELI5 Method
Application of the ELI5 Approach in Accounting
ELI5 Case Studies
Strategies for Implementing the ELI5 Approach
Using ChatGPT to Enhance ELI5 Communication
Role of Accountants in Leveraging the ELI5 Approach

Prerequisites

None

Designed For

This course is designed for accounting and related financial professionals who frequently handle complex financial information and want to learn how to simplify their communication for clients and stakeholders using the ELI5 approach and ChatGPT.

Objectives

After attending this presentation, you will be able to...

Analyze the ELI5 approach and its impact on client communication
Identify the capabilities of ChatGPT
Explain how to apply the ELI5 approach to complex accounting topics
Review real-life examples of successful ELI5 communication in accounting
Develop effective strategies for implementing the ELI5 approach using ChatGPT
Explore the evolving role of accountants in simplifying complex information

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by CPA Crossings. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.