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Monday Morning Accounting News Brief: Every Day Is Fools’ Day For Some Accounting Employers; McKinsey Now Paying People to Leave | 4.1.24

Going Concern

Related to this I suppose, Alaska Public Media did a story on the city of Anchorage having some municipal audit problems : A long overdue financial audit of Anchorage’s bookkeeping may keep the city from getting tens of millions of dollars in grant money.

Account 103
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ChatGPT Can Pass the CPA Exam But Here’s What It Can’t Do (Yet)

Going Concern

Haven’t they been saying for at least ten years now that 95% of accountants will be replaced by 2030? There are already AI tools out there doing the more menial tasks accountants, bookkeepers, and interns once did. We’re still going to have debits and credits, financial statements, and audits.

CPA 98