You can now make realistic fake receipts with GPT-4o
While everyone else was using ChatGPT to create Studio Ghibli-style images last week, accountants took a different route. We're not making beautiful Japanese anime. We're making fake receipts!
How to use AI to analyze data and draft financial reports in minutes
In my latest Earmark Podcast episode, I dive deep with Nicolas Boucher, LinkedIn's #1 finance thought leader, who demonstrates how to leverage ChatGPT, Python, and specialized AI tools to transform financial workflows.
OpenAI's entity selection mistake will cost billions
Did you know that OpenAI, the company behind ChatGPT, is structured as a nonprofit? On a recent episode of The Accounting Podcast, I shared how this setup may cost OpenAI's founders and investors billions to fix.
ChatGPT for accountants: 3 ways to boost your firm's productivity
Accountants, are you ready to embrace the future? In my latest article on the Firm of the Future blog, I showcase real-world applications of AI chatbots in our profession.
Save Time With AI: Explaining Basis to a Non-Accountant
Do clients struggle to understand accounting and tax concepts? AI can help provide simple, plain English explanations, saving you time. Here's an example.
How artificial intelligence can help save accounting
I'm published in the Journal of Accountancy! You can now read my article, "How artificial intelligence can help save accounting," on the JofA website. Learn why AI is not just a technological trend but a vital tool for the future of accounting.
Can ChatGPT Pass the CMA Exam?
In this video, I test whether ChatGPT, the generative AI chatbot from OpenAI, can pass the CMA Exam. I found some CMA exam practice questions on the IMA website and copied them into ChatGPT without any other context.
ChatGPT scores 90% on debits & credits test
ChatGPT scored 18 out of 20 on the Debits & Credits test. The score to show an intuitive understanding is 15 out of 20.
Use AI To Fire Clients
In Episode 315 of the Cloud Accounting Podcast, I asked ChatGPT to fire David Leary as a client. Why? Because he insists on composing all his emails with ALL CAPS ALL THE TIME. The perfect sort of client to fire with AI.