Accounting is detail-heavy and regulated, so AI must be used carefully. Used well, it saves time on communication and analysis.
Client communication
Draft emails explaining deadlines, document requests or financial results in plain language. Always check accuracy before sending.
Spreadsheet help
Ask for formulas, pivot table setups, reconciliation checks and ways to spot anomalies like duplicates or unusual transactions.
Explaining financial statements
Explain this profit and loss summary to a small business owner
with no finance background. Highlight 3 key insights and
2 questions they should think about. [anonymised data]Process documentation
Write month-end close checklists, procedures and onboarding guides for new team members.
Research support
AI can summarise general concepts, but tax rules and standards change. Always check official sources and current regulations.
Security first
- Use tools approved by your firm with appropriate data protection.
- Anonymise client data where possible.
- Never rely on AI for final calculations without checking.