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How AI transformed the tax and accounting profession in 2023

ThomsonReuters

Automation of routine tasks One of the most significant ways AI has revolutionized the tax and accounting profession is through the automation of routine tasks. However, with the advent of AI-powered software, these tasks can now be automated, freeing up valuable time for professionals to focus on higher-value activities.

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An AI-Powered Call to Action for Internal Audit

Audit Board

In that brief time, the rapid adoption of generative artificial intelligence (AI) across industries, regions, and demographics has been remarkable. Generative AI has hit critical mass at a pace unmatched by any technology in history. EU’s AI Act ; calls for US oversight ) and academic studies on the impacts are well underway.

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Cleary Gottlieb Discusses AI’s Risks for Boards and Managers

Reynolds Holding

Artificial intelligence (AI) [1] was the biggest technology news of 2023. AI continues to revolutionize business in big and small ways, ranging from disrupting entire business models to making basic support functions more efficient.