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Ethical Concerns in Using Tax Planning Software

CTP

Artificial intelligence in accounting software is bringing new ethical challenges for professionals, their clients, and the public at large. A recent report by Acumen Research found that accounting professionals spent $1.5 This requires the application of methods of accounting and selections of an allowable tax year.

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The Technology Lab Podcast – Rapid Close Tools – Sept. 2023

CPA Practice

So these tools often have individual progress and deadlines for each period that they assign out to the accounting team. And it turns out a lot of accounting software platforms just don’t do a very good job of tracking that internally. When things happen, like, you know, a debit shows up in a fixed asset account.

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ChatGPT Can Pass the CPA Exam But Here’s What It Can’t Do (Yet)

Going Concern

and we’ve been hearing for at least as long as this website has been alive that AI will all but eliminate accountants. No doubt, as time goes on, AI will get better and more positions may be replaced by AI but do you, the accountant, have to worry about your job? That’s perfectly natural, especially in high-strung accountants.

CPA 105
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The Technology Lab Podcast – Trends in Accounting Practice Management – Oct. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. Now in the accounting software world. Online Zoho books and accounting software. And I think a lot of firms don’t want to work on their processes.