American Institute of CPAs

@AICPA

Combined strengths of AICPA® & CIMA®, driving a dynamic accounting profession to build trust, create opportunity and grow prosperity worldwide.

Chapel Hill, NC aicpa-cima.com Joined March 2010

1.9K Following 85K Followers 16K Posts

Latest posts 5

American Institute of CPAs @AICPA 3d

AI can enhance audit quality, but CPAs can’t hand over professional judgment to the technology. Learn how auditors can use AI tools while maintaining responsibility for the quality of their work.
bit.ly/4z7xksv

www.journalofaccountancy.com AI raises the stakes for auditor judgment CPAs must understand AI’s limits, test its outputs, and keep professional skepticism firmly in human hands.

American Institute of CPAs @AICPA 4d

How are CPAs putting AI to work in audits while keeping human judgment central? This @AICPA_JofA article shares five examples. Check it out! bit.ly/4iHXYlC

www.journalofaccountancy.com How CPAs are putting AI to work in audits Four firms share examples of using artificial intelligence to assess risk, prepare data, and flag anomalies in ways that save time and money.

American Institute of CPAs @AICPA Nov 4

Year-end is an essential time to consider Roth IRA conversions. Converting may reduce future tax burdens and offer greater flexibility in retirement planning. Discuss this strategy with clients to support long-term financial goals.

Read more. bit.ly/4910rkS

American Institute of CPAs @AICPA Nov 2

The November @aicpa_JofA is hot off the press!

Discover how auditors can harness AI without surrendering professional judgment, plus Excel tips, smarter AI settings, a not-for-profit tax trap, and advice for building the CPA career you want. bit.ly/4oxzcWv

American Institute of CPAs @AICPA Oct 26

Put Excel to work on your AP reviews. Learn how to automatically flag potential exceptions — such as duplicate invoices, missing data, and high-dollar unapproved transactions — and generate a dynamic report that focuses attention where it's needed most.
bit.ly/4rLZlng

www.journalofaccountancy.com Using Excel to automatically flag unusual transactions By adding a few formulas to an accounts payable export and using Excel’s FILTER function, users can create a reusable report that automatically displays only the transactions meeting one or more...