Artificial Intelligence

Beyond traditional forecasting methods, intelligent forecasting leverages artificial intelligence and automation to model actual business dynamics and account for external factors.

While ChatGPT still has work to do in the realm of accounting, it is a game changer for teaching and learning, academics say.

The future of financial reporting will show an increased use of automation and artificial intelligence to improve the efficiency and accuracy of an organization’s checks and balances.

Canopy has added ChatGPT AI to its all-in-one accounting practice management software. 

Several AI trends can significantly impact a practice and tech stack, which we have discussed in previous columns.

The Readers’ Choice awards give professionals the chance to see which tech and workflows their peers use and trust, which can help them build more efficient and profitable workflows for their own practice.

The Generative AI practice works in conjunction with the Deloitte AI Institute, which supports the responsible growth and development of AI through engaged conversations and market perspectives.

Accounting firms looking to attract investors should ensure their tech stack is up to date. And if it’s not, now is the time to make improvements.