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From Creation of Accounting Standards to Building an AI tool - Adam Hibbs
Episode 198

From Creation of Accounting Standards to Building an AI tool - Adam Hibbs

FP&A Today

March 16, 202657m 8s

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Show Notes

Adam Hibbs has pretty non-linear paths into finance:New Zealand telecom regulator, OfCom, Vodafone, Cable & Wireless, UK Ministry of Defense, and now Global Director of Commercial Strategy at AICPA & CIMA. Financial modeling, commercial contracts, cloud infrastructure, and leadership across blue-chip organizations was preparation for building Josie, that is AICPA & CIMA's generative AI tool for accounting and auditing.

In this episode:

  • What makes Josie genuinely different from ChatGPT or Claude for technical accounting work
  • Curated dataset of 40,000 pieces of proprietary IP, real-time updates to FASB, PCAOB, and auditing standards
  • Josie ($550 per subscriber) named after Josiah Wedgwood and a new form of cost accounting
  • CGMA vs CPA
  • Where AI and finance intersect in the next 12-24 months