Inside EY's Generative AI Rollout And Tax Challenges Talking Tax podcast

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Inside EY's Generative AI Rollout and Tax Challenges

2M ago 15:33

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Innhold levert av Bloomberg Tax. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Bloomberg Tax eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Ernst & Young LLP is developing a generative AI tool for tax professionals that's meant to automate repetitive data work and make tax planning more efficient.

The Big Four company is investing $1.4 billion into gen AI globally. Other Big Four firms have made similar pledges. The investments are in part a bet that the technology can fill in some gaps from the longstanding accounting shortage.

But implementing the technology in tax departments is difficult, in part because of how often policies change and the vast amount of data. Daren Campbell, leader of EY Americas Tax Technology and Transformation team, gave Bloomberg Tax an inside look at how his team seeks to overcome these challenges, where the technology is today, and what's next.

Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

… continue reading

361 episoder

#Business News #Government #Bloomberg Tax #News #Andrea Ben #Taxation #Business

Artwork

Inside EY's Generative AI Rollout and Tax Challenges

131 subscribers

published 2M ago

Del

MP3•Episoder hjem

Innhold levert av Bloomberg Tax. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Bloomberg Tax eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Ernst & Young LLP is developing a generative AI tool for tax professionals that's meant to automate repetitive data work and make tax planning more efficient.

The Big Four company is investing $1.4 billion into gen AI globally. Other Big Four firms have made similar pledges. The investments are in part a bet that the technology can fill in some gaps from the longstanding accounting shortage.

But implementing the technology in tax departments is difficult, in part because of how often policies change and the vast amount of data. Daren Campbell, leader of EY Americas Tax Technology and Transformation team, gave Bloomberg Tax an inside look at how his team seeks to overcome these challenges, where the technology is today, and what's next.

Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

… continue reading

361 episoder

#Business News #Government #Bloomberg Tax #News #Andrea Ben #Taxation #Business

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