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.
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TOPICS / TECHNOLOGY
Emerging technologies
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.
Using ChatGPT to build a standard operating procedure
See how to use ChatGPT to create standard operating
procedures.
Tech adoption at light speed: Balancing euphoria with cynicism
An author and former federal banking regulator, also a keynote speaker at a September AICPA & CIMA conference, offers reasons why technology adoption should be more measured. Listen to the episode or read the Q&A.
A&A Focus recap: The ethics of using AI in an audit
The July installment of the monthly newscast series also featured a look at the recently released ACFE Report to the Nations, and the first in a series of conversations about revenue recognition and digital assets.
Ask the expert: Why AI is worth all the hype
Dean Sonderegger, Senior Vice President and General Manager of Canada and Research & Learning, Wolters Kluwer Tax & Accounting North America, discusses how generative AI has the potential to drive efficiency in everyday tasks and make professionals more productive.
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.
A&A Focus recap: Top A&A and employee benefit plan issues
The June installment of the monthly newscast series reviews the top issues raised at two of the AICPA’s premier conferences, looks at software being used by auditors, and includes an update from the AICPA’s chief auditor.
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.
AI and fraud: What CPAs should know
Artificial intelligence technology can be misused for fraud, but it is also a tool accountants can use to detect fraud. Find out how to manage AI-generated fraud risks.
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.
GenAI for accountants: 10 prompt-writing tips
The emerging art of ‘prompt crafting’ can deliver more powerful results from platforms like ChatGPT and Google Gemini.
Microsoft’s huge AI rollout: What CPAs should know
Microsoft Copilot merges generative AI with key apps, potentially revolutionizing how accountants work. Here’s what early adopters say.
Tech roundtable: There’s more to AI than ChatGPT
Our panel provides perspective on the potential, perils, and place of GenAI in the wider context of artificial intelligence and automation.
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.
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