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 ...

Many employers now want accounting hires to develop an analytics mindset. An analytics mindset starts with understanding the importance of analytics and data to the accounting profession, but also ...

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 ...

Last month, I put up a set of five questions that accountants should be asking themselves so they’ll know what they want to be when they grow up. This month, I’ve got another set of five questions — ...

Accounting Questions Asked in a Job Interview. During an interview in the financial industry, a potential employer may focus on questions that look for evidence of accountancy-related competencies ...

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 ...

Last year, the Financial Accounting Standards Board (FASB) provided private companies with an extra year to adopt lease accounting standard ASC 842. When this was announced, 63.8% of surveyed ...

Today’s Ask the Accountant questions are: What are the planning opportunities for trusts and estates in light of tax reform? I work for a nonprofit and want to know why the IRS selects certain ...