In an increasingly automated world, soft skills still reign: CFO Live recap

Core Insights - The impact of emerging technologies, particularly artificial intelligence, on finance and accounting is significant, yet often overlooked in terms of its effects on clients and the public [1] Group 1: AI's Influence on Finance - AI tools like ChatGPT and Gemini are likened to WebMD's influence on the medical field, suggesting clients will come to finance professionals with preconceived notions based on AI outputs [2][3] - Finance teams will increasingly need to explain discrepancies in AI-generated outputs to clients, highlighting the importance of both technical knowledge and soft skills [4] Group 2: Evolving Skills in Finance - The necessity for soft skills in finance is growing, particularly the ability to communicate effectively with diverse stakeholders, including IT and executive management [5][6] - Modern finance professionals, including CPAs, must stay updated on AI trends and understand how clients utilize these technologies to maintain professional skepticism [7]