Finance

Analyzing large financial datasets and trends

AI helps accountants process large datasets faster, surface patterns, and identify trends that would otherwise take days of manual analysis.

Why the human is still essential here

The accountant still needs domain knowledge to frame the analysis, interpret the trends correctly, and verify whether the findings are financially and contextually sound.

How people use this

Variance analysis dashboards

AI helps finance teams scan ERP and ledger data, flag unusual movements, and summarize the main drivers behind budget-versus-actual variances.

Microsoft Power BI / Tableau

Transaction anomaly detection

AI reviews high-volume journal entries, AP transactions, or expense records to surface outliers and suspicious patterns for accountant follow-up.

Alteryx / MindBridge

Natural-language trend summaries

AI turns large spreadsheet outputs into plain-English explanations of revenue, cost, margin, and cash flow trends for faster management review.

ChatGPT / Microsoft 365 Copilot

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Personal Story
LinkedIn

"He used AI to write."

"He used AI to write."

Have you heard this before?


It's often said to mean a subtle insult or belittle the intelligence of the writer. As to say: "You couldn't have written it on your own."


Hold on for a second before your ignorance of the modern world exposes you big time.


AI is an enabler and doesn't replace your intelligence and thinking. It simply amplifies it.


Hence, a weak thinker with AI will still produce weak outcomes. Yep!


That's why the ability to use AI effectively is a professional skill, just like using Excel, PowerPoint, Google Search, or even a calculator.


No one questions whether you "really" did the calculations because you used Excel. What matters is whether you understood the problem and produced the right solution


As an accountant, I use AI to help me analyse large datasets, identify trends, draft management reports, prepare board papers, build financial models, and produce insights in a few hours.


Hitherto, that would have taken me several days of manual work.


But do you know the catch here? The AI didn't replace my accounting knowledge. It relied on it.


It still takes my understanding of IFRS, taxation, business operations, internal controls, and financial analysis to ask the right questions, verify the outputs, challenge the assumptions, and make the final recommendations.


History has shown us that those who resisted computers, spreadsheets, email, and the internet eventually lost their jobs and opportunities to those who embraced it.


AI may not replace your job; someone who knows how to use AI effectively may replace you.


The future belongs to people who combine human intelligence with artificial intelligence to create more value than either could alone.


So yes, I use AI. Not because I can't think. Not because I can't write.


I use it because I refuse to spend three days doing what can now be done in three hours without compromising quality.


Embrace AI, learn it and use itπŸ”₯

DA
Dickson AssanChartered Accountant
Aug 1, 2026