Street felt it made sense that as bad as ChatGPT did on undergraduate accounting questions, it did even worse at the CPA exam, where it averaged 42% between all four sections. The class questions were ...

An astonishing 327 co-authors from 186 educational institutions in 14 countries participated in a new BYU-led study testing the capacity of ChatGPT to handle university-level accounting exams. They ...

ChatGPT faced off against students on accounting assessments. Students scored an overall average of 76.7%, compared to ChatGPT's score of 47.4%. On a 11.3% of questions, ChatGPT scored higher than ...

Macy’s decision to not withdraw old financial statements despite making sizable adjustments to earnings figures after finding $151 million in false bookkeeping entries has some accountants ...

Executives at other large accounting firms are not giving up on the partnership model, even if they are clear-eyed about the pros and cons.

Macy's said an employee intentionally made accounting errors totaling $132 million to $154 million. Auditing experts told BI the available evidence suggests a failure of internal accounting ...

A report by state auditors has identified a series of accounting discrepancies, insufficient internal controls and penalties assessed against Bartholomew County government — including an ...

Super Micro Computer shares soared Monday after the computer server maker said an independent review of its accounting practices found no wrongdoing.

Generative AI will have a profoundly disruptive impact on accounting and finance, but that doesn't necessarily mean job loss. It does mean embracing new tools, and deeper automations. Sage CTO Aaron ...

Macy’s decision to not withdraw old financial statements despite making sizable adjustments to earnings figures after finding $151 million in false bookkeeping entries has some accountants ...