Six Principles for the Effective Use of ChatGPT and other Large Language Models in Accounting

Authors

Daniel Street, Bucknell UniversityFollow
Joseph Wilck, Bucknell UniversityFollow
Zachariah Chism, University of Alabama

Publication Date

8-2023

Description

Large Language Models (LLMs) like ChatGPT can improve the efficiency of common language generation tasks performed by CPAs, but using LLMs creates certain risks. To help CPAs reap the benefits of LLMs while minimizing the risks of this emerging technology we suggest nine principles to guide CPAs as they incorporate LLMs into their work.

Journal

CPA Journal

Department

Analytics & Operations Management

Second Department

Accounting and Financial Management

Recommended Citation

Street, Daniel; Wilck, Joseph; and Chism, Zachariah. "Six Principles for the Effective Use of ChatGPT and other Large Language Models in Accounting." (2023) .