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Tax preparation, auditing, and strategy consulting are services that have historically relied on an intensive use of human capital. AI now threatens these business models. Technologies such as natural language processing (NLP) and robotic process automation (RPA) complete in mere hours what human auditors took weeks to do. Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC) are three of the famed Big 4 tax and accounting companies. I recently sat down with innovation leaders at these companies to learn how AI is transforming the tax and auditing business.




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