Yes, AI can process data and perform calculations with speed and accuracy, but it lacks the ability to make nuanced ethical decisions, and that's why we still need—and will still need—accountants who bring their ethical insights and context to their work.

Any technology with deterministic behavior is not artificial intelligence. For example, rules-based systems, pre-defined decision trees, ...

AI can help with specific aspects of audit and advisory engagements, including reviewing information, drafting content and providing recommendations.

Ellen Choi, co-founder of Aiwyn joins Randy Crabtree live from Bridging the Gap Conference in August 2023. Ellen quells fears of AI and gives us her perspective on the benefits of AI and how accountants and others can benefit from its technology. By leveraging it, we can have better mental health and wellness and aid in the capacity issues most firms face today.

Making technology work for your firm is the theme on Episode 112 of The Unique CPA. Randy talks to Ellen Choi, co-founder of Aiwyn, an automation platform for accounting firms…

Aiwyn, based in North Carolina, leverages artificial intelligence technology to manage the entire revenue cycle process from start to finish.

This new panel series includes prominent and influential female leaders and voices in the accounting and fintech world. We have invited female leaders of large accounting firms, global networks, associations and alliances, plus senior figures in accounting fintech companies.