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Maroc Maroc - WN.COM - Business - 13/Feb 14:20

CPA-Law firm bets on Cebu growth, targets SMEs

ARTIFICIAL intelligence (AI) is steadily transforming accounting and legal practice, automating routine tasks and prompting firms to upskill staff, a senior partner at Camara, Custodio & Co. said. CPA lawyer Mark Darwin Camara said AI is now efficient enough to handle basic bookkeeping functions such as recording transactions and encoding data — tasks previously assigned to dedicated encoders within accounting firms. “Before, we had three encoders per team. Now, sometimes one encoder is enough because AI can already assist with basic recording and data input,” he said. “That allows our CPAs and senior associates to focus on more complex analysis and advisory work.” He noted that as AI tools...

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