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…...

1+ week, 3+ day ago   (813+ words) AI bots like ChatGPT are already widely used for drafting personalized emails, engagement letters, proposals and other client-facing content. But when used strategically, they can help CPA firms analyze client feedback, identify recurring concerns, understand changing expectations and spot patterns…...

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…...

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…...

2+ week, 3+ day ago   (459+ words) Artificial intelligence is defined as the capability of computer systems or algorithms to imitate intelligent human behavior — the key word being "intelligent." AI is quickly changing the way in which students consume educational content, revise and practice questions. The benefits…...

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…...

1+ week, 3+ day ago   (693+ words) Despite the rise of stringent governance and rigorous control structures, the infamous tendency of artificial intelligence to occasionally generate false information, also known as "hallucinations," remains stubbornly untamed by even the world's largest accounting firms. What becomes clear then is…...

1+ week, 2+ day ago   (300+ words) "The remote population proved the model works: hiring stayed strong, performance stayed strong, culture stayed strong, for half the company, for years. So instead of continuing to manage the divide, we realized the better path was to build one team…...

1+ week, 4+ day ago   (214+ words) Just as success has many fathers, it has many secrets, too — and what's important for one organization may not matter as much to another. But in polling the leaders of this year's Fastest-Growing Accounting Firms, while they had a wide…...