Course Content
Automating Financial Reports
- Setting up ChatGPT to assist in creating financial reports.
- Automating balance sheets, profit & loss statements, and cash flow reports.
- Customizing ChatGPT prompts for variance analysis and budget reports.
Financial Forecasting and Modeling
- Utilizing ChatGPT for forecasting revenue, expenses, and cash flows.
- Assisting in creating financial models like DCF (Discounted Cash Flow).
- Integrating ChatGPT with Excel/other financial tools for model validation.
Compliance and Taxation
- Using ChatGPT for tax calculation assistance and compliance reminders.
- Automating regulatory compliance reports and understanding tax implications.
- Customizing ChatGPT prompts for tax optimization strategies.
Risk Management and Fraud Detection
- How ChatGPT can help in identifying financial risks and fraud patterns.
- Using historical data with ChatGPT for risk analysis and stress testing.
- Automating alerts for potential financial discrepancies and fraudulent activities.
Optimizing Cash Flow Management
- Using ChatGPT to track receivables and payables.
- Automating cash flow management reports and flagging overdue payments.
- Best practices for using ChatGPT for real-time monitoring of cash flows.
Enhancing Financial Communication
- Drafting professional investor updates, earnings reports, and presentations.
- Automating client and investor query responses.
- Using ChatGPT to summarize financial performance and create executive summaries.