The AI-writing prompts accountants must know
Plus: Tips on including more women in the profession and the latest entry-level salaries.
Accountants: Are you using AI efficiently? Understanding the right prompts can help you save time and money, for your practice and for your clients. But how do you choose the best AI prompts?
Find out in today's edition of The Net Gains.
In Today's Newsletter:
📈 Top AI-writing prompts for accountants
✅ Including more women in the profession
💡 The entry-level salary for CPAs
💸 An accountant's recession responsibility
The art of AI-writing prompts for accountants
Artificial intelligence software like ChatGPT can streamline all sorts of accounting tasks, from drafting emails to analyzing spreadsheets, but AI is most effective with the right prompts. The instructions that an accountant gives the software are vital to gaining the highest productivity and accuracy. Are you crafting the right AI prompts?
Learn how to make the most of AI tools from Journal of Accountancy
Women and inclusion in the accounting profession
Women now account for 62% of accounting professionals, yet the industry still has strides to make to recruit and retain top women talent. Looking for ways to include women in leadership, as well as growth initiatives, are a few steps toward better inclusion in the profession, writes Tifphani White-King of Mazars.
Read more of Tifphani's insight at Bloomberg Tax
$62,500
... the median salary for full-time, entry-level accounting jobs in 2023 – up from about $50,000 in 2020, according to Handshake data. Source: CPA Practice Advisor
📣 Accountants: Here are the most-needed marketing skills
💼 Can optics improve recruitment for accounting?
âž• A vetted list of free CPA study materials
👀 Finding the right malpractice liability insurance
💲 Accountant shortage delays Tupperware filing
An accountant's recession responsibility to clients
Businesses can still experience growth during a recession, and accountants should play a role in continued client prosperity during hard times, according to Sumer's CEO Warren Mead. When economic numbers dip, accountants can help guide small- to medium-sized businesses to continued prosperity that trickles through the community.
Read Warren's insight at Accountancy Age
The Net Gains is your one-stop shop for fresh, FREE accounting insights. I'm Bianca Prieto, your editor, and I'm excited to build this community with you.
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