Tag: technology
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Concerned That A.I. Will Destroy Your Accounting Career? Establish Your Future In The Profession’s One (Obvious) Area Of Job Growth
Last week, at TXCPA Houston’s annual Fall Accounting Conference & Technology Symposium (F.A.C.T.S.), speaker after speaker addressed the future prospects of A.I. Although much of the content was optimistic in tone, an undercurrent of concern permeated the presentations. Why? It’s likely that A.I. applications will soon be capable of performing many current human functions in…
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For Sustainability Accountants, New Entities Step Forward As The Federal Government Steps Back
Sustainability accountants may have been worried when the U.S. Securities & Exchange Commission (SEC) permanently withdrew its climate change (carbon emissions) reporting requirements. What would they do? Were their jobs in jeopardy? Apparently, their employment prospects weren’t bleak after all. Last month, the private sector stepped into the void with the launch of the Task…
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Worried About AI Hallucinations? You May Need To Add AI Sycophancy To Your List Of Concerns
Many AI users are now familiar with hallucination risk. A recent article, appearing on the web site of the U.S. National Institutes of Health, explained that: “AI hallucination is a phenomenon where AI generates a convincing, contextually coherent but entirely fabricated response that is independent of the user’s input or previous context. Therefore, although the…
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Public Accounting Firms: The Impact Of Alternative Practice Structures On The Career Paths Of Young Professionals
Many sources are reporting that the Graduating Class of 2025 is confronting an uncertain employment outlook in the public accounting sector. Some sources are noting, for instance, that firms are expanding their use of AI to complete tasks that were previously assigned to entry level staff accountants. There are other explanatory factors, though, that may…
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A.I. Queries, Implicit Variation, and the Practice of Due Professional Care
Are you aware that your A.I. queries provide documentary evidence of your practice of “due professional care” in researching business information? If you utilize an electronic platform with A.I. technology to search for business data, you could be held legally responsible for relying on inappropriate information that is generated by flawed queries. Let’s review an…