The majority of Americans are excited about the role Gen AI can play in their everyday lives, but a global survey finds that the majority of executives aren’t thrilled with their companies’ level of commitment to the rapidly growing technology.
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TOPICS / TECHNOLOGY
Emerging technologies
CPAs at a crossroads: Real approaches to artificial intelligence
A former firm partner with expertise in ChatGPT and other AI tools shares why CPAs can’t afford to sit on the sideline and shares how to be responsive to your clients, your team at work, or both.
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.
AICPA seeks comments on criteria for stablecoins
The AICPA’s Assurance Services Executive Committee issued an exposure draft to provide a framework to present information about stablecoins and the assets that back them in order to provide transparency for holders of these digital assets.
Doubling down on tech: What’s in store at Digital CPA in Vegas
In this podcast episode with transcript, a CPA.com executive looks back at the disruption that changed the schedule for the initial Digital CPA event and looks ahead to the technology topics taking center stage this year.
How artificial intelligence can help save accounting
A CPA argues that accountants can use AI technologies such as ChatGPT to tackle the profession’s most pressing challenges.
Generative AI revolution: How auditors are leading the way
Half of finance executives report they’ve already implemented GenAI into financial reporting; the majority view auditors as crucial to the cause.
Use ChatGPT to write macros for Outlook
This article discusses the process and covers what to be wary about when using ChatGPT to build a macro for Outlook.
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.
Leveraging advanced tech
Dean Sonderegger, Senior Vice President and General Manager Research & Learning, Wolters Kluwer Tax & Accounting North America, discusses how AI is transforming the accounting profession.
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.
AICPA debuts new practice aid for tech-enabled auditing
The AICPA Auditing Standards Board’s Technology Working Group has developed a new practice aid that will emphasize how technology should be seen as a key enabler, elevating audit effectiveness and efficiency for the future. It uses risk assessment procedures under SAS No. 145 as the example.
A taxonomy for classifying digital assets
A nonauthoritative guide aids accountants with discussions about digital assets, general ledger account management, establishing internal controls, and complying with anticipated regulatory changes around reconciliations and disclosures.
CPA.com announces launch of generative AI initiative
The AICPA’s business and technology subsidiary announced plans to deliver a series of initiatives to build awareness and understanding of generative AI for the accounting profession.
Can ChatGPT answer your clients’ questions?
We put ChatGPT to the test with hypothetical tax questions. See if you think it’s ready to compete with a CPA.
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.
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