Plugging into artificial intelligence.

Accounting firms are utilizing artificial intelligence (AI) to streamline their operations and enhance client communication. AI tools are being used to analyze complex documents, automate repetitive tasks, and generate content such as tax position documents. While some accounting leaders have embraced AI for its time-saving benefits, others have concerns about accuracy, data security, and client trust. Accounting firms are implementing AI for various tasks, but human review remains crucial for accuracy and protecting client data. It is important for accounting professionals to navigate the challenges associated with AI as its adoption continues to grow. [Extracted from the article]