As someone with 180 credits, we need to get rid of the 150 hour rule. It doesn't add value. It used to be just another hurdle, but with the cost of education being what it is, it is no longer justified. As an employer, what do I really care about? I care whether or not they can do the job. Let them learn their debits and credits in school and then come to me for the training. Which is what we do already, we just prolong the process by adding more classes. For those who might be upset that they lower the requirements... sorry, sour grapes. I know it sucks, but nobody can turn back time. We have to adapt, or we're going to lose more and more people.
The amount of current CPAs will have to drop below 50% or 25% for them to drop the 150 hour requirement. Until then, I agree with you its going to get worse.
Corporate Accounting Analyst here. I currently use AI to help understand upper management request and further my knowledge within the accounting industry. Though I have not been instructed I know I am limited with what I would be allowed to use AI for. I believe just as an alternative to a search engine it has been very useful but I believe my industry will be slow to implementing AI true potential into the field.
Being revrec dept at a fortune 1k The more interesting question to me is, if I use ChatGPT aren't i technically letting privileged data loose in the wild? that can somehow be mined or leverage by other users or people on the back end of the generative AI provider, if $ is to be made someone will quickly Figure out a way to (and then immediately) cross that line. our entire company was banned from using chat GPT. Or any generative AI. We actually 'created' our own version (aka assume we bought an older ver w less llm run through). Hunch is it must be related to IP since if you're using current chat gpt you're abiding by their tos which means anything you feed them is technically theirs to use. Catching the beginning after making the tail end of the live, good ep fellas.
I work in public accounting and we have been given specific guidelines for using AI. In line with your point, we’re not allowed to include any specifics in our prompts. Now we’re more so using it to summarize guidance rather than to run through specific numbers for analysis.
As someone with 180 credits, we need to get rid of the 150 hour rule. It doesn't add value. It used to be just another hurdle, but with the cost of education being what it is, it is no longer justified. As an employer, what do I really care about? I care whether or not they can do the job. Let them learn their debits and credits in school and then come to me for the training. Which is what we do already, we just prolong the process by adding more classes. For those who might be upset that they lower the requirements... sorry, sour grapes. I know it sucks, but nobody can turn back time. We have to adapt, or we're going to lose more and more people.
The amount of current CPAs will have to drop below 50% or 25% for them to drop the 150 hour requirement. Until then, I agree with you its going to get worse.
Corporate Accounting Analyst here. I currently use AI to help understand upper management request and further my knowledge within the accounting industry. Though I have not been instructed I know I am limited with what I would be allowed to use AI for. I believe just as an alternative to a search engine it has been very useful but I believe my industry will be slow to implementing AI true potential into the field.
Being revrec dept at a fortune 1k The more interesting question to me is, if I use ChatGPT aren't i technically letting privileged data loose in the wild? that can somehow be mined or leverage by other users or people on the back end of the generative AI provider, if $ is to be made someone will quickly Figure out a way to (and then immediately) cross that line.
our entire company was banned from using chat GPT. Or any generative AI. We actually 'created' our own version (aka assume we bought an older ver w less llm run through). Hunch is it must be related to IP since if you're using current chat gpt you're abiding by their tos which means anything you feed them is technically theirs to use.
Catching the beginning after making the tail end of the live, good ep fellas.
I work in public accounting and we have been given specific guidelines for using AI. In line with your point, we’re not allowed to include any specifics in our prompts. Now we’re more so using it to summarize guidance rather than to run through specific numbers for analysis.