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AI's Emerging Role in Accounting
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The article explores the burgeoning role of AI in the accounting industry, highlighting its potential in auditing and financial review processes. Major firms like EY and PwC are utilizing AI to detect irregular transactions and inconsistencies. However, experts caution the need for accountants to prioritize database cleanup, attend vendor conferences, and understand AI tools' capabilities before widespread adoption.
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How might the widespread adoption of AI in the accounting industry impact job roles and responsibilities?
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