In a recent podcast interview with the Journal of Accountancy, Mfon Akpan and Scott Dell, both educators and experts in the field of accounting, delved into the significance of CPAs (Certified Public Accountants) and other professionals understanding generative AI,...
In the ever-evolving landscape of finance and taxation, accountants, tax preparers, and CPAs face a constant challenge: staying up-to-date with the latest tax codes, providing exceptional client service, and reducing the risk of errors in tax preparation. Furthermore,...
Lately, we’ve been hearing a lot about AI and robots potentially replacing humans at work. While most of the discussion revolves around how AI affects employment, there hasn’t been much research. Creating and using these technologies can affect the quality...
The IRS has introduced a special withdrawal process to protect small businesses and organizations from scams related to Employee Retention Credit (ERC) claims. This new option allows certain employers to withdraw their ERC claims if they haven’t received a...
Artificial Intelligence (AI) has been transforming industries across the board, and accounting is no exception. The integration of AI into accounting processes is reshaping the way financial professionals manage data, make decisions, and ensure compliance. The current...
