Artificial intelligence is taking over more tasks, but accountants can remain indispensable by strengthening qualities machines cannot replicate.
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Information management and technology assurance
Defining commonly used AI terms
This article defines some Artificial intelligence (AI) terms and give examples in accounting.
The risks of quick‑turn SOC engagements and what CPAs should know
Promises of speed and simplicity are affecting the SOC marketplace. This JofA podcast episode with transcript breaks down the professional and ethical risks.
Facing cost pressures, CFOs turn to AI and automation
Cost management topped CFOs’ list of internal risks in a recent Deloitte survey, and respondents cited automation and technology upgrades as the most proven way to control costs.
AI and governance issues: 3 keys to bridging a costly gap
Recent survey results suggest that poor governance is more costly to artificial intelligence ROI than issues related to workforce and data readiness. What can companies do to get their house in order?
What small firms are getting right about tech and why they’re not alone
Small CPA firms, “the heart and center” of the accounting profession, are the focus of this episode of the JofA podcast. An AICPA vice president discusses how AI and automation are leveling the playing field and how innovation can thrive in smaller practices. Listen to the episode or read the Q&A.
Executive turnover slows, but AI strategy remains unclear
A global survey reveals that executives aren’t changing jobs nearly as often as they did a year ago, but many are seeking better internal support for strategic objectives built around artificial intelligence.
Use Excel dynamic arrays to build a revenue-testing schedule that auto-refreshes
This article shows how to use dynamic arrays in Excel to build a revenue-testing schedule that auto-refreshes.
Optimize Windows 11 with these 8 settings tweaks
This articles shows useful settings for improving the Windows experience.
Elder fraud rises as scammers use AI
Learn how CPAs can help protect the elderly against the growing threat of artificial intelligence-powered scams using deepfakes and voice cloning.
How are finance teams really using AI and automation?
Three experts provide real-life use cases demonstrating AI and automation in finance and offer advice on costs, employee buy-in, and enabling all to learn.
Ancient Greece to AI: The past and future of bank fraud
The latest JofA podcast episode details fraud risks facing banks and other financial institutions, including deepfakes and ransomware — and the surprising prevalence of check fraud. Listen to the episode or read the Q&A for prevention strategies and other insights.
What to know about AI guardrails, leasehold improvements, and the latest ASB developments
The March A&A Focus webcast featured discussions on balancing innovation and risk in AI adoption, determining the accounting owner of leasehold improvements under FASB ASC 842, and updates and proposed attestation changes from the Auditing Standards Board.
AI tools for finance professionals to prepare and visualize data
AI tools are frequently used in data visualization — this article describes how they can make data preparation more efficient and automate visualizations.
How will accountants learn new skills when AI does the work?
As entry-level tasks are automated, the focus of training will shift to judgment, simulation, and continuous upskilling.
6 gear recommendations for home office and business travel
This column features six equipment and gear recommendations for work travel and home
office use.
Excel’s Dark Mode: A subtle change that makes a big difference
This column takes a look at Microsoft Excel’s
Dark Mode.
AI early adopters pull ahead but face rising risk, global report finds
Most companies committed to AI tools believe they have a strategic advantage, but they also have more risks to consider.
COSO creates audit-ready guidance for governing generative AI
The Committee of Sponsoring Organizations of the Treadway Commission’s publication relies on its proven internal control framework to help companies manage AI-related risks.
AI loses ground to pros as taxpayers rethink who should do their taxes
Taxpayers are shifting back toward human tax professionals, with trust in AI for filing slipping across every generation, survey shows.
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FROM THIS MONTH'S ISSUE
Start in high school to strengthen the accounting profession
A practitioner-led outreach program, born of a university, accounting professionals, and local community collaboration, shows how to successfully engage high school students with the modern accounting profession.
