9min chapter

The AI in Business Podcast cover image

What GenAI Means for the Future of Accounting - with Bill Armstrong of Moss Adams

The AI in Business Podcast

CHAPTER

AI and the Future of Accounting

This chapter discusses the impact of advanced AI technologies on the accounting industry, emphasizing how open-source LLM models create a competitive edge for firms with rich data access. It addresses the evolving roles of CPAs and the necessity for skill adaptation in an increasingly automated landscape, while also exploring the challenges faced in assurance and tax practices.

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