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ChatGPT Isn’t Terminator for Accountants…Yet

Going Concern

TurboTax and QuickBooks are full of rudimentary AI features and already have reduced the need for some bookkeepers and tax preparers. The products can sort accounts, predict the other side of a journal entry, and populate a tax form with high accuracy. It confuses like terms, particularly technical accounting terms.

Account 115
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ARE ALL ACCOUNTING SERVICES THE SAME?

Basis 365

You won't find many people who are willing to work part-time for any length of time for each accounting function. Accountants are usually pigeon-holed as either tax preparers or bookkeeping bean-counters. DO THEY PERFORM ACCRUAL ACCOUNTING? WHO CAN ADVISE YOUR BUSINESS? CPA firm : CPAs do tend to document well.