A recent global study put computers to the test against accounting students. The result showed that the students performed better than AI in the form of ChatGPT by a margin of 20%. The study involved 25,000 trials and the AI often gave made up facts with a descriptive explanation to go with it.
Ruth Dimes, a co-author from the University of Auckland found that the findings need to be taken with a grain of salt. She states, “The study conducted in December and January used version 3.0 of ChatGPT and since then a few advancements have been made which could potentially narrow down the gap.”
AI advances and usage has been growing exponentially over the years. However, these results brings forth the outstanding capabilities of accounting students and their impressive performance and knowledge.
The company mentioned in the article, Auckland University is one of the largest and most comprehensive universities in New Zealand. It is a top modern university with an international reach and an emphasis on research and internationalisation.
Ruth Dimes, one of the co-authors, is Senior Lecturer in Accounting Analytics in the Faculty of Business at the University of Auckland. She has nearly 20 years of teaching experience as well as several years as a practitioner in the accounting field. She is a Fellow member of the NZ Institute of Chartered Accountants and has published two books and numerous academic articles.
