Can Artificial Intelligence Become an Accounting Expert?

Yigal M. Rechtman, CPA, CFE, CITP, CISM, and Doug Bennett, and Lori Edo, CPA, and Smadar Rinat, CPA, CFE, and Daniel J. Belfiore, CPA, and David Lafond

Artificial Intelligence (AI) traces its origin to antiquity, when humans attempted to use formal reasoning to predict the future of events. Today, AI has made great progress in perceiving, synthesizing, and inferring data in contexts by a machine-learning mechanism. The applications of AI are many and varied—from self-driving cars to human speech recognition to predictive decision-making investment tools. Most recently, the general public has become aware of natural language learning models (LLM) due to the public release of ChatGPT and BARD, automatic web-based learning machines (Pedro Domingos, The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World, Basic Books, 2015).