alliantgroup’s Post

Instinctively we tend to trust numbers more than opinions. Objective trumps (poor pun) subjective almost every time in our minds. However, numbers can and do lie, very effectively. Especially now, as AI churns out numbers by the squillion, we need to be very careful which ones we use as measures of performance.  #data #Goodhart #dataanalysis

In the ever-evolving landscape of tax compliance, staying ahead means embracing innovation. PwC UK's latest article delves into the transformative power of GenAI and how it's reshaping the industry. Leaders eager to harness this potential must take decisive, informed steps. Discover the practical strategies that can unlock the full capabilities of AI in tax compliance. A must-read for forward-thinkers in the field! #ConnectedTaxCompliance #GenAI #Innovation

In the ever-evolving landscape of tax compliance, staying ahead means embracing innovation. PwC UK's latest article delves into the transformative power of GenAI and how it's reshaping the industry. Leaders eager to harness this potential must take decisive, informed steps. Discover the practical strategies that can unlock the full capabilities of AI in tax compliance. A must-read for forward-thinkers in the field! #ConnectedTaxCompliance #GenAI #Innovation

Continuing professional development is vital in any profession, even more so in the rapidly changing financial sector. Looking forward to the changes, and technological advances, in compliance, it’s clear that we, as accountants, are going to be as important as ever. With MTD looming, our ability to support clients through this must be maintained. However, as the abilities of AI improve, the knowledge and talents regarding compliance and standard reporting is no longer reserved solely for accountants. This is where we must look to provide a more personalised, forward thinking advisory service. Which, with the support of Kirsty McGregor, we here at Nicholsons Chartered Accountants are aiming to be frontrunners. Here’s to the future of accounting! #Accountancy #AI #Advisory #Services #CPD

The Carolinas offices of KPMG invite you to our virtual CPE Days to be held November 29 and December 7, 2023. We hope you can join us for one or all of our CPE sessions. Topics include: AI/GenAI Opportunities and Key Regulatory Challenges, PCAOB & SEC updates, Legislative and Tax updates, and a session hosted by KPMG Economics. We are also providing access to our Carolinas Ethics learning portal. During registration, you will have the opportunity to register for as many seminars you would like. #KPMGCoastal #GenerativeAI #OCE #RegulatoryInsights

Did you know U.S. companies have incurred $7 billion in IRS penalties due to data errors? A Bloomberg study found 27% of accounting mistakes come from incorrect tax data entry. Despite 69% of companies documenting processes, only 4% effectively manage them. Discover why AI solutions are crucial for tackling these challenges in tax and accounting, and how they can revolutionize your business operations. #CapiPlan #LauchingSoon #AI #ExecutiveLeadership #FinancialManagement 

The Carolinas offices of KPMG invite you to our virtual CPE Days to be held November 29 and December 7, 2023. We hope you can join us for one or all of our CPE sessions. Topics include: AI/GenAI Opportunities and Key Regulatory Challenges, PCAOB & SEC updates, Legislative and Tax updates, and a session hosted by KPMG Economics. We are also providing access to our Carolinas Ethics learning portal. During registration, you will have the opportunity to register for as many seminars you would like. #KPMGCoastal #GenerativeAI #OCE #RegulatoryInsights

.@BillSheridan: 207. A.I.'s keys: Curiosity, Usefulness, with Jason Staats: We've had some great conversations recently about A.I.; what it means for our profession and how to integrate it into our work. This week, I talk to Jason Staats, who has been on the leading edge of A.I. and has a wealth of knowledge to share with CPAs about this new technology. Jason's main message about A.I. is that as groundbreaking and game-changing as A.I. is, it doesn't necessarily mean our profession will change radically at it's core. A.I. is a tool we can use in service of what our profession is charged to do. CPAs do what we're trained to do - that will not change. What we do need to do is ramp up our curiosity about these new tools and how they will allow us to better serve our customers. Instead of trying to force A.I into every aspect of our work, a better approach comes by asking what problem we are trying to solve and how at all can A.I. can help. Resources: * CPA Australian article, "Generative AI in business: how to navigate the ethics" by Susan Muldowney * Jason Staats LinkedIn Profile * Jason Daily Podcast * Jason Daily YouTube Channel http://dlvr.it/T3zhBC Future-Proof #tax #accounting #CPA

New Webinar: Setting Rates in an Environment of Complexity – Understanding the Impact of Gen AI, Inflation, and Other Productivity Factors. Date: Thursday, May 30, 2024 Time: 12:00 - 1:00 pm ET Register free! - https://lnkd.in/gMxPJnXk Sponsored by Thomson Reuters Setting rates is one of the most complex tasks a law firm can undertake, but the last few years have added additional complexities. From skyrocketing inflation and record-high rates to the coming debate over how GenAI may impact billing, this session focuses on the major influences affecting rates and how they may change permanently.   Presenters: Bryce Engelland, Industry Data Analyst, Thomson Reuters William Josten, Esq., ALRAP, Legal Marketplace Innovations Insights Strategist, Thomson Reuters Eugenia Frenzel, ALPP, Director of Pricing and Practice Management Economics, Perkins Coie   What We'll Cover: What's happened to rates post pandemic. What “real" rate growth is. The surprising complexities of billing for GenAI.   Free registration thanks to our sponsor! https://lnkd.in/gMxPJnXk #webinar #pricing #legalops

I just saw an excellent presentation on how the #audit profession is well prepared for rapid technological developments around #AI and increased #transparency demands due to the profession's independence, objectivity, experience, ethics, values (committed to the public interest), trust, and transparency. My question is: If audit firms truly prioritize the public interest (the 'P' in CPA), what explains their substantial investments in #lobbying and campaign finance? Any thoughts? https://lnkd.in/eG4NWqjU