Using ChatGPT in Accounting

Summary Notes:

GPT(General Purpose Technology) is a technology-enabled method that automates processes and analyzes data faster and more accurately, leading to improved accuracy, reduced costs, and increased efficiency. By utilizing GPT, organizations can make more informed decisions. The use of Chat GPT in accounting, and tax work, can improve customer service experience, but it is important to be careful to ask thoughtful questions and double check the accuracy of its answers.

Timestamps

0:01:12 Exploring the Benefits of Chat GPT for Tax and Accounting Professionals

0:06:12 Tax Planning Advice from CPA Rife Martin

Don’t forget to submit your educational questions to #AskPhillip so he can answer directly about topics discussed on the podcast or in the newsletter!

#AskPhillip

Get your questions answered and tune in for a live take on financial strategies and tips on how to build wealth with our bi-weekly #WBMS LIVE sessions by Phillip, exclusive to newsletter subscribers!

Register for #WBMS Money Talks