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AI seems to be everywhere. On billboards, websites, and in the news. But what does it really mean for accountants & accounting teams?

We’ve broken down the key terms you need to know, top tools that accounting teams are using, and video clips to watch for insight into the future in our full guide to AI for accountants.

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What Is AI & What Should I Know?

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How can accountants use AI?

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How will AI impact the accounting industry?

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What does the future of accounting look like with AI?

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What is AI & What Should I Know?

To answer this question, we consulted an expert on the matter — Anthropic’s AI chat tool, Claude:

“AI, or artificial intelligence, refers to computer systems designed to perform tasks that typically require human intelligence.

These systems can learn from data, recognize patterns, make decisions, and solve problems across a wide range of applications, from virtual assistants to autonomous vehicles.”