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As of artificial intelligence (AI) evolves, its potential to handle not just routine and menial tasks but even complex responsibilities—which were originally under the mandate of the most learned professionals—is becoming clearer. One area where this transition is prominently visible is accounting, within which AI is set to bring a revolution to how professionals practice their trade.
AI and the Role of Accountants
Accounting has long been a domain requiring strong knowledge of regulations, financial reporting, and tax planning, something beyond the reach of even highly sophisticated computers and computer applications. Well, at least until now.
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