The Accounting Podcast

ChatGPT Beats Humans at Financial Statement Analysis

6 snips
Jun 20, 2024
The podcast discusses AI advancements in financial statement analysis, PwC's partnership with OpenAI, EY's $1 billion investment in compensation and technology, fake news surrounding stimulus checks, and starting a firm. It also explores automation in audits, the impact of AI on job markets, and the bankruptcy of Synapse. Additionally, it touches on revenue recognition with RightRev and data entry automation with Maker's Hub.
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1
Intro
00:00 • 3min
2
AI Automation in Financial Audits and Impact on Job Market
02:53 • 16min
3
AI Tool for Financial Statement Analysis
19:21 • 3min
4
AI's Superiority in Predicting Company Earnings and Building Relationships in Accounting
22:39 • 13min
5
Automating Revenue Recognition with RightRev
35:45 • 2min
6
Challenges in Payments Reconciliation with Fintech Apps and Banks
37:41 • 11min
7
Technology Tools for Data Entry Automation and AI Solutions for Business Improvement
48:40 • 2min
8
AI Investments in Big Accounting Firms and Implications of Fake News
50:34 • 16min
9
The Impact of Automation and AI on Accounting Practices
01:06:32 • 2min