Applied AI for Financial Statement Analysis & Reporting Training Course

AI Foundations for Financial Professionals for Government

• Understanding AI and machine learning in the context of finance for government
• Types of AI models: classification, regression, and generative models for government applications
• Responsible AI: ensuring accuracy, transparency, and ethical use in financial reporting for government

Automating Financial Data Processing for Government

• Utilizing AI tools for data ingestion and extraction from PDFs and spreadsheets for government agencies
• Cleaning and transforming data to support robust analysis for government operations
• Leveraging OCR, NLP, and LLMs to interpret unstructured financial text in a government context

AI-Driven Financial Statement Analysis for Government

• Implementing automated ratio analysis and benchmarking for government financial statements
• Utilizing machine learning for trend detection and variance analysis in government financial data
• Visualizing insights using AI-powered dashboards tailored for government reporting

Generative AI for Narrative Reporting for Government

• Using LLMs to draft executive summaries and variance commentary for government financial reports
• Creating management discussion and analysis (MD&A) with AI support for government agencies
• Employing prompt engineering for accurate financial storytelling in a government context

Scenario Planning and Forecasting with AI for Government

• Introduction to scenario modeling and simulation using machine learning for government agencies
• Building dynamic models for revenue, expense, and cash flow forecasting in a government setting
• Conducting stress testing of financials under various macroeconomic assumptions for government planning

Integrating AI into Existing FP&A Workflows for Government

• Enhancing spreadsheet workflows with Python or AI plugins for government use
• Utilizing collaborative tools and automation to streamline monthly and quarterly financial closes for government agencies
• Embedding AI into Excel, Power BI, or cloud FP&A platforms tailored for government operations

Audit, Governance, and Internal Controls for Government

• Ensuring AI explainability and readiness for internal audits in government financial processes
• Documenting assumptions and AI outputs to meet compliance requirements for government reporting
• Establishing controls for AI-assisted processes in financial reporting for government agencies

Summary and Next Steps for Government