Tag: Auditing

This article looks at the performance of the Microsoft-backed AI chatbot, ChatGPT, in an accounting-specific exam. The results showed that students outperformed ChatGPT, as it struggled with multiple-choice, true/false and short-answer questions and provided inaccurate answers. In 11.3 percent of the questions, ChatGPT did surprisingly well in topics related to AIS and auditing. OpenAI and Microsoft are striving to develop AI that can effectively handle complex accounting-related tasks.

A new collaborative study, "The ChatGPT Artificial Intelligence Chatbot: How Well Does It Answer Accounting Assessment Questions?", examines the AI tool ChatGPT and its performance compared to traditional accounting students. With data collected from 186 universities and questions from 25,817 assessment exams, results have shown students outperform the ChatGPT AI. Discuss the implications for the field of accounting and Universities with University of Auckland academics, Ruth Dimes and David Hay.

A collaborative effort across the world has revealed that Auckland University students outperform AI technology, such as ChatGPT, in a large-scale evaluation of 25,000+ exam questions. Findings showed that ChatGPT lagged behind the students, with an average score of 56.5%. The study provides insight into the progress of AI technology.

This study by David Wood and 327 other researchers from 186 universities compared the performance of OpenAI's AI chatbot ChatGPT and university students in accounting exams. Results showed that students outperformed the chatbot, sometimes outperforming it by as much as 11.3%. The knowledge bank of the chatbot was found to be impressive, sometimes inventing its own references and making mathematical errors. Researchers are hopeful that the AI technology is the future of teach and learning.

OpenAI, a renowned company working on advanced AI solutions, recently unveiled remarkable results related to a ChatGPT AI bot tested at BYU. Student performance surpassed ChatGPT in accounting exams with an average result of 77%, while ChatGPT's score was 47%. Despite the results, researchers saw great potential in the tool's performance of AIS and auditing. Nonetheless, it still struggles with short-answer questions and simple mathematics. 327 co-authors from 187 universities around the world authored this paper, and concluded that ChatGPT is a game-changer.