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Inside EY's Generative AI Rollout and Tax Challenges
Manage episode 434211230 series 1461619
Content provided by Bloomberg Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Ernst & Young LLP is developing a generative AI tool for tax professionals that's meant to automate repetitive data work and make tax planning more efficient.
The Big Four company is investing $1.4 billion into gen AI globally. Other Big Four firms have made similar pledges. The investments are in part a bet that the technology can fill in some gaps from the longstanding accounting shortage.
But implementing the technology in tax departments is difficult, in part because of how often policies change and the vast amount of data. Daren Campbell, leader of EY Americas Tax Technology and Transformation team, gave Bloomberg Tax an inside look at how his team seeks to overcome these challenges, where the technology is today, and what's next.
Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
351 episodes
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Manage episode 434211230 series 1461619
Content provided by Bloomberg Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Ernst & Young LLP is developing a generative AI tool for tax professionals that's meant to automate repetitive data work and make tax planning more efficient.
The Big Four company is investing $1.4 billion into gen AI globally. Other Big Four firms have made similar pledges. The investments are in part a bet that the technology can fill in some gaps from the longstanding accounting shortage.
But implementing the technology in tax departments is difficult, in part because of how often policies change and the vast amount of data. Daren Campbell, leader of EY Americas Tax Technology and Transformation team, gave Bloomberg Tax an inside look at how his team seeks to overcome these challenges, where the technology is today, and what's next.
Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
351 episodes
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continue reading
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