AI is finding its way into numerous applications. The Big Four firms are leading the charge, confident that AI can address significant industry issues such as staffing shortages, high levels of accountant burnout, and the challenges posed by increasingly intricate legislation and compliance demands.
The best way to approach AI for CPAs is to view it as a partner or assistant that enhances your capabilities. It offers new insights and innovative solutions, encouraging you to push boundaries and rethink what’s possible
AI is reshaping industries worldwide, and accounting is no exception. According to research from McKinsey, nearly 30% of employee tasks could be automated by 2030, with some entry-level roles potentially disappearing.