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Artificial Intelligence: a Threat to Government Accountants and Auditors?
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Journal Article
Artificial Intelligence: a Threat to Government Accountants and Auditors?
2018
Overview
In the government sector, this shift is especially meaningful because financial practitioners can help departments and agencies better utilize today's limited resources to serve constituents and communities and to fulfill missions.1 LEVERAGE AI WITH NON-FINANCIAL AND FINANCIAL DATA One of the first keys to realizing the value of AI is possessing a large, broad data set from which to work and then ensuring it contains both non-financial and financial data. The Governmental Accounting Standards Board provides guidance in the form of the Service Efforts and Accomplishments (SEA) reporting standard. Donny C. Shimamoto, CPA, CITP, CGMA, is founder and managing director of IntrapriseTechKnowlogies LLC, an advisory-focused CPA firm specializing in organizational development and technology management for small businesses, middle market organizations and nonprofits.
Publisher
Association of Government Accountants
