AM Now EP 4.26: CPA Exam News, the PCAOB on Audit Skepticism, ChatGPT Flunks Accounting

Accounting Matters

English - April 26, 2023 21:29 - 6 minutes - 6.18 MB - ★★★★★ - 62 ratings
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Previous Episode: AM Now 4.18: Update on PCAOB Inspection Plans and the SEC’s Definition of “Exchange”

Next Episode: Tag Along with XBRL

Join hosts Adam Olsen and Nicole Harger for this week’s AM Now where they discuss:

NASBA changing its Uniform Accountancy Act Model Rules, increasing the time a CPA candidate has to complete the exam after passing the first section from 18 months to 30 monthsA recent PCAOB report discussing the importance of a more skeptical eye when auditing a company’s financialsAs ubiquitous and successful as ChatGPT has been recently, the technology averaged a mere 47% on accounting exams according to a recent study

For more information on these topics:

NASBA Announces Historic Rule Amendment Following Record Exposure Draft Response

PCAOB – Professional Competence and Skepticism Are Essential to Quality Audits

The ChatGPT Artificial Intelligence Chatbot: How Well Does It Answer Accounting Assessment Questions?

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