what to know before investing in new technology.
by hitendra patil and eli fathi
to use ai or not?
that is the question for accounting and audit firms looking toward the future. there is a lot of fear, uncertainty, and doubt regarding the availability, adoption and use of artificial intelligence-based systems. there is even some misleading information within the broader community of accounting and audit tools.
more on entrepreneurial strategy: how accountants can ride the artificial intelligence wave | the client of the future | the rise of the robot accountant: opportunity or threat?
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a wide range of claims and news can be found online, from ai “not being ready” for accounting, to questioning the benefits of artificial intelligence. vendors stating their solutions are ai-enabled may be adding to the confusion.