Before sharing firm data for AI training, CPAs should assess client consent, confidentiality obligations, and the limits of redaction.
FASB is seeking feedback on a proposed Accounting Standard Update (ASU) aimed at improving the operability of the accounting for equity-method investments. According to a news release, stakeholders ...
Firms seeing the greatest success with AI are building a strong technology foundation rather than simply adding more tools.
When the AICPA National Tax Conference first spotlighted generative AI in November 2023, tax professionals were still trying to understand how the powerful technology might reshape tax practice. “My ...
Sullivan currently serves as chair of the Financial Accounting Standards Advisory Council and served as an audit leader during a long career with Deloitte.