Research on the Impact of ChatGPT on the Accounting Industry and Countermeasures

Zhenguo Liu

doi:10.54097/fbem.v11i2.12162

Authors

Zhenguo Liu

DOI:

https://doi.org/10.54097/fbem.v11i2.12162

Keywords:

ChatGPT, AI empowerment, Accounting industry development, Accounting professional education.

Abstract

On March 14, 2023, following ChatGPT3.5, OpenAI released GPT4, which can read maps, calculate taxes, and take exams. As of March 15, the number of users has exceeded 200 million, gradually affecting people's lives and work. At the same time, Baidu Index shows that the TGI (1) index of ChatGPT in the financial industry was as high as 130.18 in February, indicating that the activity of ChatGPT topics is very strong and the attention is very high among people involved in finance and economics. In view of this, the impact of ChatGPT on the accounting industry should be objectively analyzed, and ChatGPT should be reasonably used to promote the development of the accounting industry and optimize the professional education of accounting.

Downloads

Download data is not yet available.

References

OpenAI. (https://openai.com/)

Yin, Z., Li, Q., & Zhang, C. (2023). Financial Knowledge and Household Financial Vulnerability: An Empirical Study Based on Chinese Household Financial Survey Data. Journal of Financial and Economic Issues, 471(02), 39-49.

Belkin, N. J. (1980). Anomalous States of Knowledge as a Basis for Information Retrieval. Canadian Journal of Information Science, 5(1), 133-143.

Pagani, M. (2023, March 13). Bring the ChatGPT Model into Our Applications. Retrieved from https://techcommunity.microsoft.com/t5/modern-work-app-consult-blog/bring-the-chatgpt-model-into-our-applications/ba-p/3766574

Yu, K., & Zhou, Z. (2020). Time Pressure, Auditor Experience, and Audit Quality. Financial and Accounting Communication, 849(13), 62-66.

Zhang, M. (2020). Big Data Auditing: Five Trends and Five Challenges. Accounting Friend, 632(08), 2-11.

Zhang, Y. H. (2022). New Requirements of Intelligent Finance for Accounting Talents. Finance and Accounting, 655(07), 82-83.

Haleem, A., Javaid, M., & Singh, R. P. (2023). An Era of ChatGPT as a Significant Futuristic Support Tool: A Study on Features, Abilities, and Challenges. BenchCouncil Transactions on Benchmarks, Standards and Evaluations, 100089.

Stokel-Walker, C. (2023). ChatGPT Can Find and Fix the Bugs in Computer Code. New Scientist, 257(3424), 16-18.

Peng, W., Zhang, L., & Zhong, K. (2020). Internationalization of Accounting Firms and Audit Fees. Audit Research, 213(01), 59-67.

Bai, Y. H. (2020). Dilemmas and Countermeasures of Chinese Manufacturing Investment in Vietnam under the Impact of the Epidemic. International Trade, 463(07), 33-40.

Marchandot, B., Matsushita, K., Carmona, A., et al. (2023). ChatGPT: The Next Frontier in Academic Writing for Cardiologists or a Pandora’s Box of Ethical Dilemmas. European Heart Journal Open, 3(2), oead007.

Zhang, Q. L., He, J. N., & He, S. J. (2021). The Scale Application of Financial Robots and the Job Insecurity of Accounting Personnel. Financial Monthly, 904(12), 75-82.

Zheng, S. J., Zheng, Q. J., & Wang, D. S. (2022). Research on the Cultivation of Auditing Composite Talents in the Big Data Era. Chinese Certified Public Accountant, 281(10), 14-17.

Xi, J. P. (2022). Accelerating the Construction of a Strong Science and Technology Country to Achieve High-level Self-reliance in Science and Technology. China Civil Affairs, 726(09), 4-9.

Wang, S. B., & Feng, J. S. (2023, March 21). Safeguarding the Healthy and Orderly Development of the Internet with the Power of the Rule of Law. Xinhua Daily Telegraph, 003.