Is there a ChatGPT for GAAP or understanding accounting? For example, can ChatGPT explain consolidation accounting, fund accounting, statement of cash flows, etc.

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When I worked in industry I had chat GPT write our 842 footnote.

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Yea it’s called intermediate and advanced accounting textbooks. Or study for FAR.

likefunnyhelpful

I'm also interested. We use CoPilot and it's trash for technical accounting questions.

likesmartfunny

You can ask ChapGPT these questions, works okay.

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It does everything. Just make sure you use the paid version; otherwise, it will most likely be incorrect

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How'd you get access to it at BDO?

Can ask ChatGPT but don’t assume it’s 100% correct yet.

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i just uploaded the guidance and trained it to 1) ask you some probing questions to identify relevant sections. 2) walk you through how to apply the guidance step by step

Just ask ChatGPT directly and make sure to also ask to provide a link to the codification to be sure since it’s provided wrong answers before (at least for me).

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