TALKING TECHNOLOGY.
Position | TAKING A ROAD Less Traveled |
"Much of what we do in accounting is about data. Across all spectrums of being a CPA, it's working with numbers and problem solving. Utilizing data, analyzing data, manipulating data and understanding what the data is telling us is what we do every day."
Enter artificial intelligence: "How do you wrangle the data? How do you analyze the data? Machine learning. How do you interpret predictive information?
There is a real opportunity to use these technologies in accounting. Predicting fraud in audits, analyzing information to identify errors or seeing trends in a business are all capabilities for accountants with the use of technology. Using these technologies will allow practitioners to become more efficient and help practitioners understand how their clients are using this technology in their environments. If our clients are becoming more data driven, then our profession needs to develop the skills necessary to become more data driven. I think...
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