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The Impact of AI on the Accounting Profession

CPA Practice

Automation and digitalization of accounting processes: This includes the use of software systems, cloud computing, and artificial intelligence in the accounting process. Cybersecurity in accounting: As more accounting processes become digital, it’s crucial for companies to secure their financial data and systems from cyber threats.

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2022 Federal Budget Highlights

DMCL

billion for 2023/24. To qualify, an individual must not have lived in a home they’ve owned in the year the account is opened or during the preceding four calendar years. Annual contributions to the FHSA will be available starting sometime in 2023. Effective January 1, 2023. billion for the 2021/22 fiscal year.