Is Agentic AI an Accounting Game Changer or Game Ender? | ARC

"We’ve underestimated how quickly AI is changing our profession." 

Accounting ARC

With Liz Mason, Byron Patrick, and Donny Shimamoto

Center for Accounting Transformation

In a world where artificial intelligence is rapidly evolving, agentic AI is emerging as a powerful tool that could redefine the accounting profession. Unlike traditional AI applications, agentic AI doesn’t just respond to prompts—it actively coordinates multiple AI models to complete complex workflows. But is this a breakthrough for efficiency, or does it pose risks for the industry?

 

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In a recent episode of Accounting ARC, hosts Byron Patrick, CPA.CITP, CGMA; Donny Shimamoto, CPA.CITP, CGMA; and Liz Mason, CPA, break down the meaning, potential, and risks of agentic AI in accounting. 

“Agentic AI is about AI acting as an agent, not just a tool,” explains Shimamoto, founder and managing director of IntrapriseTechKnowlogies LLC and founder of the Center for Accounting Transformation. “It can take a single task, break it into smaller components, and distribute it across specialized AI models—then bring everything back into a cohesive solution.”