... to ChatGPT another source of words and investigate some of the advantages and disadvantages of that approach. Data Availability: Data are available from the authors. JEL Classifications: M4. We thank the editor and referees for their comments on two earlier versions of this paper...

...Theresa F. Henry; David A. Rosenthal; Rob R. Weitz ABSTRACT In this study, we assess ChatGPT-4’s ability in terms of accuracy, appropriateness of support, and consistency by applying it to a sizable number of case questions within the Deloitte Trueblood Case Study series. We contribute...

...Marc Eulerich; David A. Wood ABSTRACT For the past several years, internal audit functions (IAFs) have been significantly increasing their digitization efforts to enhance the efficiency and effectiveness of the IAF. The introduction of OpenAI’s ChatGPT has increased the potential for IAFs to have...

...Hannah Smith Antinozzi; Lauren A. Cooper ABSTRACT In this study, we examine whether ChatGPT is an accurate source of information for uninformed taxpayers. During the 2023 and 2024 tax seasons, we entered common tax questions into ChatGPT models 3.5 and 4 and assessed the accuracy of the generated...

... to a relatively small group of experts in the field. Recent advances in LLMs have brought this technology to a broader spectrum of users through a user-friendly interface and a readily accessible API. With the launch of ChatGPT at the end of 2022, along with its UI and API, a plethora of research and projects...