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Where is your firm in its AI journey?
A.
Not at all familiar.
B.
Somewhat familiar.
C.
Very familiar.
D.
Proficient.
How familiar are you with AI technologies in tax and accounting?
1.
Have you implemented any AI tools in your current work processes?
No, not yet.
We're in the planning stages.
Yes, we've implemented one or two tools.
Yes, we use multiple AI tools regularly.
2.
Which of the following AI applications are you most interested in for your practice?
Automated data entry and document processing.
Tax planning and compliance automation.
Client advisory and communication tools.
Audit and risk assessment automation.
3.
Have you or your team received any formal training in AI technologies?
No training yet.
Self-study only.
Attended workshops or webinars.
Completed certified courses.
4.
What is your firm's approach to addressing ethical concerns with AI?
No specific approach at this time.
We're developing basic guidelines for AI usage.
We have established AI ethics policies and provide staff training.
We have ethics protocols, including regular training, expert consultation, and continuous policy updates.
5.
Which aspect of AI do you think will most impact the future of tax and accounting?
Automation of routine tasks.
Enhanced data analysis capabilities.
Improved client interaction.
Development of new services.
6.
How does your firm stay informed about AI-related security threats?
We occasionally review general cybersecurity news.
Monitoring cybersecurity updates and industry alerts.
Attending industry conferences and maintaining regular security training programs.
We have a multi-faceted approach, including expert consultations, regular training, conference attendance, and real-time threat monitoring.
7.
What is your firm's strategy for integrating AI with existing technologies?
No current strategy.
Planning a gradual integration of basic AI tools.
We're conducting pilot programs and phased implementation.
We have an integration plan with pilot testing, staff training, and systematic rollout.
8.
What is your primary concern regarding the use of AI in tax and accounting?
Ethical use.
Data security.
Cost of implementation.
Accuracy of AI outputs.
9.
How do you plan to evaluate the success of AI implementations in your firm?
We'll focus mainly on basic metrics like time saved.
We'll track efficiency improvements and error reduction rates.
We'll measure both process efficiency and client satisfaction improvements.
We'll use a comprehensive framework including ROI, client satisfaction, efficiency metrics, and staff productivity.
10.
Are you interested in learning more about how AI tools can impact your firm?
Yes
11.
No
Based on your responses, you're ready to explore how AI can transform your firm — and that curiosity is the first step toward meaningful change. Whether you're just beginning your AI journey or already seeing results from early implementations, there's always more potential to unlock. The tax and accounting landscape is shifting rapidly, and firms across the adoption spectrum are discovering new ways to work smarter, serve clients better, and stay ahead of industry changes. Thomson Reuters has solutions designed for every stage of your AI journey — from foundational tools that streamline daily tasks to advanced capabilities that transform entire workflows. You're joining a pivotal moment in the profession. AI is expected to have a transformational impact on tax and accounting within the next five years, surpassing other forces like labor shortages and regulatory changes. Firms that take strategic action now — regardless of where they're starting from — are positioning themselves to operate more efficiently, expand their offerings, and respond to market changes with greater agility.
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Based on your responses, you're leading the way in AI adoption — and your commitment to learning more about AI tools shows you understand that leadership means continuous evolution. Your firm has embraced AI technologies and is seeing real results. You've implemented solutions with strong frameworks in place. Now you're ready to deepen your understanding of how AI tools can transform every aspect of your practice, from client delivery to internal operations. As AI continues to have a transformational impact on the tax and accounting industry, firms like yours that combine strategic implementation with ongoing education will maintain their competitive edge. You're part of a select group setting the pace for the profession.
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Based on your responses, you're making solid progress in your AI journey. You've taken important steps and are building momentum. You've likely implemented some AI solutions and are seeing their potential, but you might be wondering how to scale these efforts or make them more systematic. Many firms find themselves at this crucial scaling point, and it's an exciting time for growth. As a firm that's actively progressing, you're well-positioned to expand your AI capabilities and formalize your processes. Focus on enhancing staff training, strengthening your implementation strategy, and developing more comprehensive security and ethical frameworks. Ready to accelerate your progress? Our white paper "What are the key challenges of GenAI in accounting?" offers insights on scaling AI implementations and avoiding common pitfalls.
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Making progress
Based on your responses, you are in the early stages of your AI journey. But don't worry, you have a solid foundation to build upon. Perhaps you're still exploring AI possibilities, or maybe you're unsure about how to begin implementing AI solutions effectively. If so, you're not alone. Accounting firms across the country are at similar stages in their AI journey. The good news is there's a clear path forward to successful AI adoption. As a firm in the early stages, you're perfectly positioned to build a strong AI foundation from the ground up. Focus on basic training, exploring entry-level AI tools, and developing initial protocols for security and ethics. Ready to take the next step? Download our white paper "What are the key challenges of GenAI in accounting?" to understand the common hurdles firms face and learn proven strategies to overcome them. This guide will help you navigate the early stages of AI adoption with confidence.
Early stages
