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Anyone gone from PA to CBRE ? Do you like it ?
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General / corporate accounting work definitely. Like posting JEs, etc. but no public company in a SOX environment is going to get passed on an audit saying “chatgpt showed us this and we blankly relied”. More than likely it will continue to be used and updated for efficiency, like using it to prep a workpaper, perform initial analysis of agreements in order to assess ASC application, but still will need a reviewer. Back office bookkeeping definitely more at risk.
Sorry didn’t answer the 2nd. Future proof would definitely be more accounting advisory, M&A and transactions, and audit lol (lot of judgement in applying firm standards in my opinion)
How will genAI replace us?
Currently what I’m seeing is that genAI is making workers more efficient.
No one has adequately explained to me how genAI will fully replace accountants.
I’m learning debits and credits. Think those will be extra valuable
AI will not replace accountants. They will only provide tools to aid in processing data. One still needs experience and expertise to do the jobs. If you have been taking any CPE’s, you’ll note that relying on AI solely is sanctionable and subject to loads of licensure for accountants and attorneys.