Importance of GL Reconciliations It is a universally accepted accounting principle that reconciliations are a very important financial control discipline, […]
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Accounting Automation and Artificial Intelligence
There is currently a great deal of expectation and assumption that we ubiquitous accountants will shortly be replaced by automation and artificial intelligence (AI) and that as a consequence we will gradually become redundant. This is being touted by both academics and professional accountants alike. But is this really likely to happen any time soon and is the expectation overdone?