We had ChatGPT take the CPA exam — and it failed
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ChatGPT scored terribly on a practice CPA exam, scoring 39% in REG, 46% in AUD, 35% in FAR and 48% in BEC, and more of today’s top stories.?
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ChatGPT has already conquered numerous tests — the Wharton MBA exam, the bar exam, and several AP exams among others. But the talking bot met its match when Accounting Today ran it through the CPA exam as an experiment.
In other news today:
The Institute of Internal Auditors recommended all cryptocurrency exchanges operating in the U.S. should possess an independent internal audit function.
Most accountants have to keep reminding their clients about overdue bills, but there are ways to avoid that problem.
Plus Schulman Lobel acquired a tax compliance division of DFP Partners and merged in Tanton Grubman CPAs and Steinberg Shebairo; and Avantax added Wealth Financial Partners.
Deloitte completed its eight annual Audit Innovation Campus Challenge, awarding University of Nebraska-Lincoln students first place for their audit project.
NJCPA and MassCPA both name next association leaders; Windes appoints first chief growth officer; and more news from around the profession.
AR Team Lead Robotics Tech at General Motors
1 年also their wantonness greed for revenue has their employees illegally trading and transferring marked weapons for drugs, liquor, other weapons that have been used in criminal activity to clean them. Dewayne Irwin was the owner and his daughter Morgan Leigh Irwin Spencer shot him and killed him and cleaned the handgun. The address of the murder weapon is 302 Scurlock Grandview, under patio boards towards the far end of the largest branch away from the trunk in the backyard.
Structural Engineer
1 年You could feed ChatGPT the CPA test materials using your own account and see how it affects its future test performance. You can also provide ChatGPT with the correct answers to the questions that it answered incorrectly and use this failed attempt as a learning and training experience. Nonetheless, taking only a single test cannot provide a good assessment of a person's or a bot's real qualifications and knowledge on the subject matter. You should repeat it multiple times and calculate the average and the standard deviation of the results for a more realistic evaluation.
Retired Managing Director @ Deloitte & Touche LLP/Certified Public Accountant
1 年Curious to see how it would do on the SIE and Series 7 exams
FP&A at SAP Taulia | Strategic & Corporate Finance | B2B, SaaS, FinTech | CPA & MBA
1 年Kudos to all the GOATs poisoning the training materials by making countless land depreciation jokes.
Independent Accounting Professional
1 年Wait till it gets a hold of Becker! I don’t see it developing sound professional judgment though.