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2. Practical generative AI in accounting
Artificial intelligence (AI) is transforming many sectors, and accounting is no exception. In this article, CPA Australia members and experts reveal how they are leveraging this technology to automate tasks and enrich functions such as data analysis and decision-making.
On the flipside, they issue warnings about data privacy and the limitations of tools like ChatGPT, suggesting firms develop processes to ensure information is accurate. Ultimately, they encourage accountants to start testing generative AI now to optimise workflows and remain competitive in an increasingly digital landscape.
