When accounting goes unaccounted for
Comment left on this post about AI acceptable use policies at accounting firms:
Is this like the time EY said it “saved” $400 million on Everest because the business freeze and deferments as a result of its planning meant they didn’t spend $400 million on other things during that period? Is it possible that black belts of financial martial arts could be fudging the truth? 🤔
Across GC articles concerning the future of the accounting profession, there’s hefty debate about who’s going to be affected by these changes and how.
To be clear most of my headspace is preoccupied with the battle for small to medium businesses in general practice, which does not encompass the entire profession.
Well it’s about that time, time for us to start shitting out “best of” lists […]
Amanda Iacone at Bloomberg Tax has written the accounting niche’s 1,735th article about the accountant shortage and […]
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in my second week of starting my first job (8 years ago), a partner told me they are investing “hundreds of millions” into AI and they’ll be reading contracts and doing lease workpapers for us soon. Anyways it’s been 8 years and I’m still waiting on that AI to do the bare minimum. Why do all the AIs have to be screenwriters, why can’t any of them read lease agreements????