July 17, 2023

The Rise Of Generative AI

AI, with its remarkable analytical capabilities, is able to detect trends and patterns that might elude the human eye, thus providing richer risk assessments and deeper insights. While AI frees up time spent on tedious tasks, the accountants’ role remains pivotal – they are needed to verify AI-generated reports and exercise professional scepticism. This allows accountants to ascend the value chain and transit to areas that require more strategic thinking and nuanced decision-making.