ChatGPT faced off against students on accounting assessments. Students scored an overall average of 76.7%, compared to ChatGPT’s score of 47.4%. On a 11.3% of questions, ChatGPT scored higher than the student average, doing particularly well on AIS and auditing. But the AI bot did worse on tax, financial, and managerial assessments, possibly because ChatGPT struggled with the mathematical processes required for the latter type.
ChatGPT is still no match for humans when it comes to accounting: Massive crowd-sourced study comes from 327 co-authors at 186 institutions from 14 countries
