CPA.com Launches Multi-part Generative AI Initiative
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Wednesday, June 7, 2023
LAS VEGAS, June 7, 2023 /PRNewswire/ -- CPA.com, the business and technology subsidiary of the American Institute of CPAs (AICPA), today announced its plans to deliver a series of initiatives designed to support accounting and finance professionals in building awareness and understanding of generative AI (GenAI) and its potential impact on the accounting profession. The announcement came during a keynote session at AICPA & CIMA ENGAGE 2023.
Key Points:
- "Generative AI is going to have a profound impact on the accounting profession," said Erik Asgeirsson, president and CEO, CPA.com.
- "While other technologies like cloud computing have transformed how firms deliver services, we believe generative AI's impact could be much more dramatic and evolve much more rapidly."
- "It's not a question of 'if' generative AI can fit into a practice, but 'how'—and that will vary by firm and use case."
- "Generative AI has significant co-pilot like capabilities for practitioners and we think this is a great opportunity for the profession.