We put ChatGPT to the test with hypothetical tax questions. See if you think it’s ready to compete with a CPA.
Emerging technologies
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.
Tech roundtable: Getting your data in order
Technology leaders in accounting discuss digital assets, what CPAs need to know about Web 3.0, and more in this podcast episode with transcript.
Tech roundtable: Tapping into automation and tools of the future
Technology leaders in accounting discuss when and when not to use ChatGPT and robotic process automation in this podcast episode with transcript.
How to handle AI chatbots in the classroom
AI chatbots such as ChatGPT are very popular among students. Here’s how some professors are handling them.
Get started with robotic process automation: Build your first bot
Follow this step-by-step guide to create a bot to automate simple business tasks.
The promise and peril of ChatGPT
Early adopters are finding uses for ChatGPT in accounting, but the chatbot raises concerns about security and accuracy.
Increase capacity with automation
Firms should consider costs and risks to prioritize
automating repetitive tasks, panelists in our
technology roundtable suggest.
The CPA’s guide to technology (and tech gifts)
Inspector Gadget, aka David Cieslak, is the guest on this podcast episode, which focuses on cybersecurity and CPA-centric holiday gifts.
What CPAs need to know about NFTs
NFTs are unique, immutable, and auditable records of the ownership of both physical and digital assets.
Tackling NFTs in the accounting classroom
An emerging technology has interesting accounting implications.
3 ways NFPs can adapt online to the new economic climate
Telling compelling narratives online by leveraging influencers, TikTok, and freelancer platforms can increase opportunities for not-for-profits.
A blockchain glossary, the CPA firm of the future, and Excel malware
Blockchain — what does it mean to you? A glossary of terms offers clarity. Also, hear or read more about accounting firms’ tech-integrated future.
6 lessons from audit experts who adopted AI early
Machine learning is within reach for many audit firms.
Career advice and RPA tips from CPA leaders
One CPA leader shares more on being a lifelong learner and the advice she gives to up-and-coming accountants; another leader explains some of the opportunities that firms have to automate certain processes and begin to offer more advisory services.
AI in manufacturing: Optimizing costs and enabling the workforce
Manufacturing leaders can use artificial intelligence to improve efficiency and drive growth. But taking full advantage of the technology requires upskilling the workforce.
A take on cryptoasset transactions, investments, and risk
CFOs need to gain perspective on how to handle the accounting, tax, internal control, and risk management challenges of cryptoasset transactions.
Ask the expert: What is an API?
Calvin Leong helps firms understand what APIs are available at Thomson Reuters and how to use them.
NFTs come with big valuation challenges
Nonfungible token sales have commanded eye-popping prices in the past year, leaving CPAs with many questions related to valuation of these digital assets.
Tax consequences of nonfungible tokens (NFTs)
These new blockchain-created digital assets may be treated as intangibles for tax purposes, but a dearth of guidance leaves questions.
Features
SPONSORED REPORT
Preparing clients for new provisions next tax season
As the 2025 filing season approaches, H.R. 1 introduces significant tax reforms that CPAs must be prepared to navigate. These legislative changes represent some of the most comprehensive tax updates in recent years, affecting both individual and corporate taxpayers. This report provides in-depth analysis and guidance on H.R. 1.