Artificial Intelligence (AI) Coverage

Incorporating prompt engineering into the accounting curriculum

It is imperative that accountants learn how to write effective instructions for generative AI applications like ChatGPT.

Calculating AI’s impact on CPAs: New study quantifies time savings

Researchers determine the real difference that generative AI can have on the average accountant in terms of time spent on routine data entry versus time available for client support and billable hours.

Accounting automation’s intelligent future

Unlike robotic process automation, intelligent process automation has advanced AI that can assist with judgments previously only CPAs could handle.

Real-life ways accountants are using AI

From mail automation to technical memos to data analysis and marketing, CPAs are transforming their work processes.

Agentic AI poised to change the way CPAs work

Find out what the next leap in the evolution of artificial intelligence is and how it may affect the way accountants do their job.

5 advanced ways to use ChatGPT

This column offers 5 ways to take your ChatGPT skills to the next level.

Should I disclose my use of gen AI to clients?

Informing clients about the incorporation of generative AI can enhance transparency and trust, ultimately strengthening the client-accountant relationship.

Get into the flow with AI-powered app Miro

This article shows how to use Miro to build a flowchart.

How accountants can balance technology and critical thinking

Overreliance on technologies such as AI may cause problems, but CPAs can take steps to keep their thinking caps on.

The ROI of generative AI: It’s growing rapidly, CFOs say

Nearly 9 in 10 survey respondents believe artificial intelligence is providing a “very positive” return on investment, and even more express high levels of trust in the technologies.

Generative AI’s toughest question: What’s it worth?

Finance leaders struggle to determine generative AI’s costs and benefits, but there are suggestions on how to tackle the problem.

How finance can get started with gen AI

Follow these steps to make sure you are on track with this game-changing technology.

Gravitating to gen AI: CPA leaders show increased interest

More than 3 in 5 business executives surveyed by the AICPA are at least contemplating the use of generative AI, signaling that broad adoption could be around the corner.

How students use — and don’t use — ChatGPT

A study involving 390 students suggests a preference for using ChatGPT as a supplement to traditional resources, such as class notes and textbooks, to complete accounting assignments.

AI promises more efficiency but won’t replace auditors

The 2024 BDO Audit Innovation Survey found that 54% of leaders expect their audit firm to use artificial intelligence and other advanced technologies to enhance the audit experience, but the human element is irreplaceable.

Using the AI in Power BI to do root cause analyses

A step-by-step guide shows how the advanced data analytics features in Power BI can solve business problems in minutes rather than hours.

More organizations are turning to AI in the finance function

Research finds a significant increase in the percentage of companies leaning into finance AI, even as many struggle to develop sufficient talent to oversee execution.

Increasing appetite for M&A, AI driving growth, survey finds

Leaders at private and newly public companies are optimistic about growth opportunities, although many view the pivotal role that artificial intelligence plays to be a double-edged sword.

A profitable path powered by AI: Benefits of becoming a ‘data master’

Research reveals how a comprehensive plan related to the relationship between data and artificial intelligence can pay dividends.

3 ways to use generative AI to save time today

Even if you’re concerned about risk related to tech tools like ChatGPT and Copilot, it’s possible to use them to improve day-to-day life at your organization — starting today.

Parting thought from ENGAGE: Don’t let tech changes overwhelm you

A tech-focused CPA explains why he prioritizes attending ENGAGE and discusses how roles are being changed rapidly by emerging technology. Listen to the episode or read the Q&A.

Building an HR guide with ChatGPT

This item demonstrates using artificial intelligence technology to build a custom GPT that can access the firm’s handbook and provide answers to employee questions.

How AI can drive a proactive approach to corporate finance

A finance leader looks back on a key early moment in his career and looks forward to the ways AI will help free up capacity for the finance function of tomorrow. Listen to the podcast or read the Q&A.

How accountants can appropriately rely on AI

A CPA and AI expert discusses some of the ethics questions around using AI in this podcast episode. Hear her words or read the Q&A.

Organizations moving forward with generative AI despite concerns, survey shows

More than 70% of finance executives have worries related to privacy, ethics, and accuracy, but some respondents in an AICPA & CIMA survey say they’re moving ahead with implementation of generative AI tools.

The key to reducing errors with AI: Technology acceptance

Emerging technology can help the finance function eliminate errors, but effective execution may hinge on companies cultivating a high level of acceptance among users.

Tech roundtable: AI and automation go way beyond ChatGPT

There’s a lot more to artificial intelligence than ChatGPT. What is it and how will CPAs be affected? Find out from three top accounting technology experts in the latest episode of the JofA podcast, which includes a full transcript.

For all future bosses: A leader’s take on in-office work, AI, and more

Kimberly Ellison-Taylor explains why she’s energized by recent conference interactions and offers advice for those with leadership aspirations in this podcast episode with transcript.

Gen AI, business model transformation, and more with AICPA & CIMA CEO

The CEO of AICPA & CIMA explains how the move by private-equity investors into accounting is just one step in firm transformation and why a world “devoid of trust” needs accountants.

Why should CPAs understand ChatGPT?

Two accounting educators focused on generative AI provide a look into the future of tools such as ChatGPT in this podcast episode with transcript.

Hybrid intelligence: Working with AI instead of against it

An entrepreneur and keynote speaker explains why artificial intelligence can be embraced and appreciated, instead of feared, in this podcast episode with transcript.

Bots emerge as cyber threat for accounting firms

Hackers are now using bots to identify and attack cybersecurity vulnerabilities on a mass scale. What can accountants do to bolster their defenses? Find out from technology and cybersecurity expert Roman Kepczyk in the latest episode of the Journal of Accountancy podcast.