Accountants reveal AI strategies

TLDR:

• Some accountants are using AI to benefit their firms
• AI tools are being used to address pipeline crisis, surface insights, and enable new efficiencies

Accountants are finding ways to implement AI and related tools to improve their firms in various ways. PKF O’Connor Davies uses AI for data preparation, Armanino focuses on cash flow analysis and SOC 2 preparation, GWCPA utilizes AI for financial statement analysis and generating content, CLA uses AI for answering internal staff queries and information extraction, RSM US leverages AI for tax position papers, automating compliance, and as a resource of resources, and MBS Accounting enhances client communications and search engine optimization using AI.