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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 And unfortunately, “the software told me I could do it,” is not an allowable defense [2].

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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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Seize the Opportunity Around California and the SEC’s New Carbon Reporting Requirements

Cherry Bekaert

Globally, the near-term goal is to cut carbon emissions by 50% by 2030 to limit global warming to 1.5 There are tangible business benefits to measuring and reporting emissions,” says Gabriela Payne, Senior Manager, Risk & Accounting Advisory Services. In fact, most nations in the developed world, including the U.S.

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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. Mark Edmondson from inflow, wrote a great white paper on the audit technology ecosystem, and even if you don’t do audits, I want you to go download it, okay? Now in the accounting software world.

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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.