The ‘robot uprising’ and you: A CPA leader’s view on harnessing AI

This week’s episode is a mix of CPA-centric news and a Q&A with a leader in the profession. First is a summary of the House Ways and Means Committee’s tax bill, the AICPA’s reaction to some of its provisions, and an update on paths to CPA licensure.

Danielle Supkis Cheek, CPA, is the guest on the main segment, discussing how accountants can avoid head-spinning dizziness when it comes to artificial intelligence (AI) — and why the profession is well suited for technology adoption.

Supkis Cheek, senior vice president–AI, Analytics and Assurance at Caseware, also discusses how organizations can use AI to scale operations. Finally, citing a set of criteria from Digital CPA speaker — and JofA podcast guest — Alex Dorr, Supkis Cheek rates the amount of drama she brings to the workplace.

What you’ll learn from this episode:

·         A summary of top JofA news items from earlier this week.

·         Why conference speakers on AI topics have a hard time providing timely slides for sessions.

·         The importance of the evergreen nature of accounting standards.

·         Supkis Cheek’s explanation of professional skepticism’s role in harnessing AI.

·         Detailing the public expectation gap as it relates to audits and technology.

·         Why Supkis Cheek considers the AI era a curation age instead of a technology age.