ChatGPT Beats Humans at Financial Statement Analysis
The Accounting Podcast
Intro
The hosts share insights on recent travel experiences to conferences in Texas, highlighting hotel stays and speaking engagements at the LEA Global and IMA conferences to discuss the future of accounting.
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Chapters
- (00:38) - Blake's Conference Adventures
- (03:13) - AI and the Future of Auditing
- (05:16) - Insights from the IMA Conference
- (10:00) - The AI Tipping Point
- (14:48) - Microsoft Announces Delay of Their Ai Recall Tool
- (21:33) - AI in Financial Statement Analysis
- (34:12) - Community and Future Plans
- (38:08) - Synapse Bankruptcy and What It Means for FinTech Banks
- (49:50) - PwC and OpenAI Partnership
- (51:39) - EY Is Spending $1 Billion on Something
- (53:48) - Big Four Compensation Insights
- (57:16) - Fake News on Stimulus Checks
- (01:00:52) - Listener Mail and Advice for Starting a Firm
- (01:07:27) - Wrap-up and Announcements
Show Notes
Study: ChatGPT Better at Financial Statement Analysis Than Humans
PwC to resell ChatGPT Enterprise
EY US to invest $1 billion in compensation and technology to improve the attractiveness of the accounting profession
https://www.ey.com/en_us/newsroom/2024/06/ey-us-to-invest-1-billion-in-compensation-and-technology
Change is in the air: And it is helpful.
Potential deposit shortfall in Synapse bankruptcy falls in regulatory grey area
Apple brings ChatGPT to Siri as it debuts ‘Apple Intelligence’ at WWDC 2024
https://www.theguardian.com/technology/article/2024/jun/10/apple-ai-product-launch
How does Sam's Club AI work?
How fake stories about IRS stimulus checks took over the internet
https://www.fastcompany.com/91138837/fake-stories-irs-stimulus-checks-flood-internet-google-news
Fact Check: Is The IRS Really Giving An $8700 Stimulus Check?
https://finance.yahoo.com/news/fact-check-irs-really-giving-192246766.html
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
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