Humans Beat AI in Some Aspects

… but not all. What that means for the profession.

By Hitendra Patil
Rise of The AiCCOUNTANTS

A research study by the American Accounting Association evaluated the performance of ChatGPT on accounting-specific content.

MORE: Why Accountants Should Embrace Artificial Intelligence | AI Brings Opportunities for Accountants | Seven Things You Must Know about AI
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The study was conducted by a team of 327 coauthors from 186 educational institutions worldwide, who entered 25,817 assessment questions and evaluated the accuracy of ChatGPT’s responses.
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Seven Steps to Keeping Your Clients Forever

Two businessmen shaking hands at a restaurant table

BONUS: You’ll probably see more revenue from them, too.

By Sandi Leyva
The Complete Guide to Marketing for Tax & Accounting Firms

It’s far less expensive to keep your existing clients happy than it is to find new clients, especially since the trust factor between people is at an all-time low.

MORE: Ten Ways to Make Your Business Irresistible | Eleven Ways to Serve Clients Even Better | Eight Ways to Build Busy-Season Stamina | Make Your Prospect Kit Stand Out | Six Ways to Beat the Competition | Grow Your Revenue with Three Marketing Strategies | What Can ChatGPT Do for Accounting Professionals?
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So you might want to think about redirecting a portion of your marketing attention on your existing client base instead of networking for new clients.

I’ve met a lot of business owners who have trouble getting their employees to sell while they’re on-site, and I’ve also heard from some customers who’ve remarked that their vendors don’t stay in touch with them. So here are some tips to mine the pot of gold that lies right before you: your current clients who already trust you and are eager to hear about new solutions that will ease their pain and problems.
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How to Leverage ChatGPT in Advisory Work

Learn the language of commands and prompts. And check the math.

By Sandi Leyva

The generative AI model ChatGPT, developed by OpenAI, has been out for over a year. Yet, roughly half of the accounting professionals taking my ChatGPT webinars haven’t found the time to try it out yet. In this article, I want to give you a sneak peek into just one of the many tasks ChatGPT can perform for you to shorten your day potentially.

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Let’s say you have a client with some advisory questions. They want to know the answers to the following four questions based on sales data for a particular period:

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Telehealth Advances with AI-Powered Clinics

Patients can perform their own tests, draw their own blood, and more.

By Rick Richardson
Technology This Week

Soon, you will find at a nearby mall, fitness center or office building an artificial intelligence-powered standalone doctor’s office where you, the patient, take your vital signs and draw your blood.

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Several tech-driven initiatives, such as telehealth and concierge medicine, are upending the typical yearly physical. Around the nation, a business called Forward is setting up CarePods, hoping people will routinely visit them for specific issues and preventative care.

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Your ChatGPT Checklist: Get Started with Generative AI

What accountants need to know today.

By Sandi Leyva

ChatGPT is a game-changing technology for accounting and tax professionals. If you haven’t already tried it, you’re missing out on potentially significant efficiencies for your firm. Like any technology, it has some pitfalls you must be aware of. But that shouldn’t stop you from at least seeing what all the fuss is about.

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Here’s a 12-item checklist to get you started on ChatGPT:

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