Demystifying AI for the accounting and finance profession
Generative AI Initiative
Recognizing the tremendous potential for Generative AI (GenAI) to reshape the accounting and finance profession, CPA.com is leading a multi-part GenAI initiative to support CPAs’ understanding and application of this transformative technology. This collection of resources aims to empower professionals to assess the possibilities and make informed decisions on how to implement GenAI into their practices in a risk-averse way.
This is one of CPA.com’s several strategic initiatives that deliver on our mission to empower the profession in the digital age.
Check back regularly for updated information, learning opportunities and materials as the capabilities of this technology continue to evolve.
“AI will make you a superhuman, you will become even more valuable to clients. The only problem is if you don’t evolve yourself and use it.”
“We believe Generative AI’s impact will be much more profound and happen a lot faster than other technology advancements such as cloud computing. Nearly every accounting technology provider today is exploring if and how generative AI can be integrated into their existing solutions to address firms' top challenges.”
“Part of the challenge is that it's very difficult to see all the ways that generative AI will evolve and emerge. It is so powerful, and it's moving really fast.”
“We just have to start. Find a way to make the use of AI a habit.”
“Today's LLMs produce generated output, not computed answers, which means you shouldn't trust them with math or financial analysis. Expect this to improve in the next 12-18 months.”