Remove accountant jobs Remove accounted Remove accounting firms Remove Technology
article thumbnail

ChatGPT Talks About AI Taking Accountants’ Jobs From the Perspective of an Accountant Losing Their Job to AI

Going Concern

note: I asked ChatGPT to write about automation in accounting from the perspective of an accountant losing his or her job to AI. As an accountant, I have always known that my job was at risk of being automated. As an accountant, I have always known that my job was at risk of being automated.

article thumbnail

ChatGPT Isn’t Terminator for Accountants…Yet

Going Concern

Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Accounting is ridiculously rules-based: assets = liabilities plus equities; debits = credits; cash in > cash out, etc. Some of it already has been. ChatGPT is Usain Bolt.

Account 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Firm and Your AI Future

CPA Practice

A Top Technology Initiative Article – Dec. As we enter 2024, it’s natural to wonder what the future holds for this transformative emerging technology, especially for accountants. As we enter 2024, it’s natural to wonder what the future holds for this transformative emerging technology, especially for accountants.

article thumbnail

Friday Footnotes: EY Can’t Hire Tech; John Doe Sues the PCAOB; Auditors Can’t Find Torpedoes and Missiles | 1.20.03

Going Concern

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. But that doesn’t appear to be the case.

auditor 98
article thumbnail

Friday Footnotes: EY Money Troubles; Fast Food > Public Accounting; From Athlete to Associate; | 12.16.22

Going Concern

Ernst & Young’s leaders are looking at backup plans for the firm’s split to address rising funding costs and a potential slowdown in growth that could imperil the rich payouts promised to partners, according to people familiar with the matter. Quiz: Test your remote audit knowledge [ Journal of Accountancy ].

article thumbnail

The Search for Talent in Firms

CPA Practice

Nine out of 10 accountants in the United States report that they have struggled to hire good, quality job candidates in the past year, according to a new survey commissioned by Intuit QuickBooks. That’s an issue when 82% of accountants anticipate business growth in 2023. Cultivate Talent Within Your Firm Roughly half of U.S.

article thumbnail

How to Grow Expertise, Build a Stronger Career, and Develop Talent Pipelines

CPA Practice

As Michelle Lubbe works toward the online Master’s of Accounting (iMSA) from the University of Illinois at Urbana-Champaign, she instantly puts what she learns to the test. “On The case for online learning is even more vital for firms that are grappling with talent shortages and a dwindling talent pool. However, the job is evolving.