article thumbnail

Friday Footnotes: Anyone Wanna Work in Hollywood?; Profit-Hungry CEOs Love Gen AI; KPMG’s SF Future | 1.19.24

Going Concern

Practice Protecting tax accounting information: Best practices for IT professionals in data security and confidentiality [ Thomson Reuters ] Accounting firms are entrusted with a wealth of sensitive financial data, including tax records, income statements, and other confidential information. Arizona Auditors Found $1.8

Arizona 78
article thumbnail

How will AI affect accounting jobs?

ThomsonReuters

How to use AI to innovate Artificial intelligence (AI) is making its presence felt across many industries—and the accounting profession is no exception. While 51% of accounting professionals believe that ChatGPT and generative AI should be applied to tax, accounting, and audit work, opinions are divided about the usefulness of AI tools.

article thumbnail

Guide to accountant responsibilities

ThomsonReuters

In general, an accountant’s job description includes common accounting tasks such as: Performing risk analysis evaluations. Working with external auditors. Types of accountants and niche practice areas There are, of course, various types of accountant jobs and areas of specialty.

Account 59