1+ week, 1+ day ago   (266+ words) Confronted by a chronic talent shortage, fee compression and ever-increasing workloads, more U.S. accounting firms are turning to offshore talent. In earlier columns I've talked about the payoff from offshoring when it's done patiently and correctly. But there are some things…...

1+ week, 3+ day ago   (1104+ words) In our first article, we explored how AI-generated false information, also known as hallucinations, have increasingly been making their way into firm work products. Here we explore how some firms control specifically for this risk. Accountants tend to view hallucination…...

2+ week, 4+ day ago   (581+ words) Another big security hole, she said, is that while an LLM's reasoning packets can be encrypted, this encryption can also be broken by another LLM, and not even necessarily a more advanced one. For example, if someone has a big…...

1+ mon, 1+ week ago   (349+ words) Excel for Microsoft 365 includes REGEX functions that can dramatically simplify many common accounting data-cleaning tasks....

3+ week, 5+ day ago   (1253+ words) "If you go and read their terms, they're not exactly favorable. Some of the terms have been like that for several years," he said. While there is great variation between how vendors word their respective policies, however, there are certain…...

3+ week, 5+ day ago   (187+ words) But they also demonstrate that while agents can certainly go awry, they can also be corrected and set back on the right path. We asked AI specialists throughout the accounting world to share their personal experiences when an AI agent…...