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ChatGPT Isn’t Terminator for Accountants…Yet

Going Concern

It confuses like terms, particularly technical accounting terms. Sure, ChatGPT can write multiple memos in seconds that would’ve previously taken hours of work and five staff accountants, but we still need an accountant to determine if it’s right. It isn’t just another game, it’s a different sport.

Account 91
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In Wake of Coronavirus, Takeovers (And Liabilities) Loom

PYMNTS

We’re referring to transport, of course – and tourism , sporting events and one-off gatherings that are now shuttering. In accounting terms, that means eyeing possible write-downs of assets, and “write-ups” of liabilities. In one example, perhaps an extreme one, government takeovers may be in the offing.