alt Hacker NewsI would expect actual human professional accountants to be involved somewhere in the due diligence stage of those approving the IPO. Then again, I know nothing of the IPO process, and am definitely thinking of mergers and acquisitions due diligence and hoping something exists for IPOs.
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evolve2k • today at 2:10 PM
The software that most accountants use is leaning into AI as hard as it can and unlike coders, accountants are being sold the benefits but can’t directly see the shortcomings and don’t have the programming know how to engage with the technical nuance.
Like many other sectors quality is gradually turning to slops as people “let the AI do it”.
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Right now I am not seeing a great track record of rich people being punished for crimes. The only one so far is Epstein and he was only punished for being caught.