Bloomberg Tax & Accounting has added an AI formula generator to Bloomberg Tax Workpapers. The company also added more integrations with Bloomberg Tax’s Fixed Assets and Tax Provision packages.
The AI Expression Generator enables Workpapers users to provide requirements in natural language and receive an AI-generated formula output.
In its announcement, Bloomberg said, “This tool leverages AI automation to address common challenges in the review and maintenance of workpapers, such as mitigating the risk of manual formula errors or uncertainty around which function to use to accomplish a data transformation task.”
In addition, the company noted its direct data export feature to Bloomberg Tax Provision can be used to bring in. data from other applications.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
