Tag: David Wood

Recent studies conducted by 186 universities including Brigham Young University revealed that students outperformed OpenAI's ChatGPT chatbot on accounting exams. Results of the research were published in the Issues in Accounting Education journal and indicated that students earned an average score of 76.7% while ChatGPT scored 47.4%. Researchers noted a gap in ChatGPT's understanding of mathematical processes for higher-order questions, but saw improvement in true-false, multiple-choice and AIS and auditing questions. OpenAI and its CEO, Sam Altman, have since 2015 been striving to expand the potential of AI and create a world that benefits humanity through their products such as ChatGPT.

This study conducted by Brigham Young University (BYU) researchers in tandem with 186 universities from 14 countries, found that OpenAI chatbot ChatGPT wasn't quite a match for the exam, but "impressive" nonetheless. It had a harder time solving tax, finance and managerial question, but still provided explanations and references, even if wrong and often made-up. With its results, possible classroom implications for AI models are discussed.

A recent study involving over 25,000 accounting exam questions has shown that students outperform OpenAI's ChatGPT. Despite this, the impressive performance of the AI-based product gives promise for a game-changing education and learning experience. With a focus on true/false, multiple choice, and even human language explanation, ChatGPT could be an invaluable asset to the world of teaching.

Researchers from 186 universities, including Brigham Young University (BYU), tested OpenAI's ChatGPT on accounting exams, finding that university students significantly outperformed it. Despite this, it is seen as a game-changer, providing a way to teach and learn accounting more efficiently in the future. ChatGPT did best on true/false and multiple choice questions, but struggled with higher order problems and short answers. While it generated convincing references, many of the works and authors were fictional. David Wood, professor of accounting from BYU, led the study, with the aim of discussing this technology from multiple perspectives.

. 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.