Tag: Auditing

Discover the revolutionary AI-driven digital agent, ChatGPT, built to address complex accounting exam questions. Human students outperformed the AI bot with average score of 76.7% compared to 47.4%. Learn how AI can still be improved to bridge the gap between AI and human interaction.

. This article examines the performance of OpenAI's ChatGPT product in an accounting exam. The results showed that ChatGPT performed impressively, scoring an overall average of 47.4%, although students outperformed it with an average of 76.7%. It had difficulty with short-answer questions, and specifically with tax, financial, and managerial accounting tasks, which could be attributed to its difficulty with mathematical processes. A research team of 327 from 186 universities in 14 countries conducted the study. This groundbreaking breakthrough has the potential to revolutionize teaching and learning in academia.