• Artificial Intelligence

    Build Smarter Dashboards

    February 25, 2026

    Turning Raw Data into Real-Time Insights with ChatGPT This article explains how professionals can use ChatGPT to create custom dashboards from virtually any dataset—without needing advanced programming skills. It walks through how AI can assist with structuring raw data, identifying key performance indicators, generating visualizations, and even producing dashboard-ready code that you can view immediately. The piece highlights how AI reduces development time, improves insight discovery, and allows consultants and advisors to rapidly prototype and deploy decision-support tools for clients. A companion video resource demonstrates the full process step-by-step. Data is everywhere—but insight is not. Consultants, valuation professionals, and financial…

  • QuickRead Top Story - Valuation/Appraisal

    Clients Turning to AI

    October 1, 2025

    Evaluating Your Work Product and Professional Services The author states that over the past year, he has seen clients use AI tools to “check” his work, draft their own valuation commentary, and even generate critique his reports. While he welcomes their curiosity, some encounters have been alarming. Artificial Intelligence (AI) is no longer just a topic for webinars or conference panels. It is now part of daily client interactions. Over the past year, I have seen clients use AI tools to “check” my work, draft their own valuation commentary, and even generate critiques of my reports. While I welcome curiosity,…

  • Artificial Intelligence

    Battle of the Bots

    August 13, 2025

    Comparing Today’s Most Popular AI Chatbots Compare the results of the top AI chatbot models. In the past few years, AI chatbots have gone from a niche experiment to everyday tools powering work, creativity, and conversation. But with so many options—ChatGPT, Claude, Gemini, Copilot, and more—how do you know which one is right for you? In this video, we will put the most popular AI chatbots head-to-head, using the same prompt to see what kind of results we get. Now it is your turn to test your favorite prompt you use on a daily basis in your business with each…

  • Artificial Intelligence

    Autonomous AI Agents are Here! And They Are Easy to Implement!

    July 30, 2025

    Use ChatGPT’s newly released agents to automate every task you can define. ChatGPT’s new AI agents are purpose-built digital assistants designed to handle specific tasks autonomously, making them a powerful tool for business consultants. These agents can research competitors, summarize client documents, generate reports, follow workflows, or even respond to e-mails; all with minimal input. For consultants juggling multiple clients and projects, AI agents can act like virtual team members, saving hours of manual work and helping you deliver faster, smarter results. Now it is your turn to create your own autonomous AI agent. Post your ideas below the video…

  • Financial Forensics - Litigation Consulting - QuickRead Top Story

    The Evolution of Fraudulent Schemes

    July 16, 2025

    Increased Misuse and Sophistication of AI to Commit Digital Fraud The level of sophistication used by fraudsters continues to increase. Fraudsters are using voice recognition and voice swapping, as well as other generative AI tools that continue to evolve. It is critical to constantly reassess internal controls and understand how AI is used and misused. In this article, the author shares some of the schemes used and issues a challenge to entities as well as to accounting and fraud examiners. At this point, the idea of artificial intelligence (AI) generating content is nothing new. You have likely seen plenty of…

  • Artificial Intelligence

    Create a Pricing Calculator for Your Services with AI

    July 16, 2025

    Use Canva and ChatGPT to Create a Pricing Calculator you can use on your website. AI is changing the game when it comes to coding. Now, even if you do not know a thing about programming, you can still bring your ideas to life. With AI-powered tools, all you need to do is describe what you want and the AI will handle the code for you. It is as simple as telling the system what you need—whether it is building a website, creating an app, or automating a task—and watching the AI turn your request into functional code. This opens…

  • Financial Forensics - QuickRead Top Story

    Is Bitcoin a Ponzi Scheme According to Charles Ponzi?

    May 28, 2025

    Conversations with ChatGPT In this article, the author discusses the conversation she had with ChatGPT regarding Bitcoin and Ponzi schemes. This question has been around nearly as long as Bitcoin itself (without the Charles Ponzi qualifier). How could I have a conversation with Charles Ponzi? Perhaps ChatGPT has ingested enough material about the historical figure to do it for me. I initiated a new conversation with ChatGPT and asked, “Is Bitcoin a Ponzi scheme?” The short answer it gave was no and the model provided some reasons but they are boring. I then responded, “Give me more specific answers designed…

  • Financial Forensics - Litigation Consulting - QuickRead Top Story

    Reducing Privacy Fine Exposure on the Cheap

    May 14, 2025

    (With the Help of ChatGPT) In this article, the author provides three versions of a data retention policy that appears compliant with GDPR or NIST. After taking NACVA’s cybersecurity course, a student reached out to me asking for a Data Retention Policy template that would be compliant with the statutes and frameworks discussed in the course, such as the National Institute for Standards and Technology (NIST) Cybersecurity Framework or the EU’s General Data Protection Regulation (GDPR). I thought this may be a good question for large language models because the subject matter is old enough that there is a sufficiently…

  • Artificial Intelligence

    Prompt Engineering

    April 23, 2025

    For Business and Financial Consultants (Explained Simply) Prompt engineering is just a fancy term for “asking better questions” when using AI tools like ChatGPT. Think of it like giving clear instructions to a smart assistant. The better your instructions, the better and more useful the answer. Why It Matters for Consultants If you are a business or financial consultant, you use your brainpower to solve problems, explain ideas, create reports, and make decisions. AI can speed that all up. But to get great help, you need to know how to ask. The Basics (anyone can do this) Here is the…

  • Artificial Intelligence

    AI: The Invisible Power Behind the Screen

    March 26, 2025

    Just like flipping a switch to turn on a light, most of us do not think about what had to happen to make that light turn on. Artificial Intelligence (AI) has already become as effortless as a light switch. You type a prompt into ChatGPT or Copilot, and it returns an answer, yet you likely have no idea how it works or what went into making it function. Unlike understanding electricity or the internet, grasping AI requires a foundational knowledge of its mechanics. While the full explanation is more complex than I can cover here, let’s break down some basics.…

  • Forensic Accounting - QuickRead Top Story - Valuation/Appraisal

    Detecting AI-Generated Content

    January 22, 2025

    How Forensic Accountants and Business Valuation Professionals Can Give AI a “Run for its Money” As AI proliferates, business valuation and forensic accountants will need to distinguish between human-authored and AI assisted/generated content. Significantly, AI generated content, as of the date of writing, is not accurate. In this article, the author examines what the above will mean to forensic accountants and business valuation analysts. With the rise of content generated by artificial intelligence (AI), it makes sense that there would also be an increase in online tools that can detect AI-generated content. What does this mean for professionals in the…

  • Litigation Consulting - QuickRead Top Story

    An Old Dog Learns a New Trick

    September 11, 2024

    My First Use of AI for a Work Assignment Recently, the author received an assignment which called for him to make a calculation that he had not performed in the past. With great hesitance, he decided to ask AI for help. In making the leap to enter the AI pool, he found the answer he needed and confidence to “try it again.” He has found a new tool to put in his litigation support tool kit. In this article, he shares his experience. I am 68 years old with a birthday coming up in October. This means next year I…

  • Financial Forensics - QuickRead Top Story

    Beyond the Query

    August 21, 2024

    A Meandering in the Mind(s) of ChatGPT (Part III of III) In the first two articles of this three part series, the author introduced a brief history of her own word processing software use and preferences, then used several models within an AI tool, ChatGPT, to generate an article with a single prompt. There are some issues with prompts. For instance, the author found that the tools sometimes interpreted them as an instruction to avoid the use of subtitles, other times as an instruction to exclude subtitles from the word count. The author concludes with her findings regarding the current…

  • Financial Forensics - QuickRead Top Story

    Beyond the Query

    August 14, 2024

    A Meandering in the Mind(s) of ChatGPT (Part II of III) This is the second article of a three-part series. In the first article, the author introduced a brief history of her own word processing software use and preferences then used several models within an AI Tool, ChatGPT, to generate an article with a single prompt, “The article must be between 4750 and 5250 words, not including subtitles. The article must … Read Part I here. What You Missed in Part I I introduced a brief history of my own word processing software use and preferences then used several models…

  • Financial Forensics - Litigation Consulting - QuickRead Top Story

    Beyond the Query

    August 7, 2024

    A Meandering in the Mind(s) of ChatGPT (Part I of III) This series chronicles the use of an AI generation tool to generate content. Most of the uses the author has heard of from colleagues rely on an AI tool to generate content in response to various questions. Through the series the author shares iterations of an article that relied on AI and provides examples to show how a story can change using AI. Some Perspective I do not use AI assistance in anything. In fact, I do not use autofill, autocorrect, grammar suggestions, or even spellcheck. I do not…

  • Financial Forensics - QuickRead Top Story

    Detecting Fraud Using Emerging Technology

    January 17, 2024

    Do Not Be Afraid to Innovate This article focuses on how advances in AI and machine learning can aid forensic investigations procedures and further bring the detection of fraud and other financial crimes into the digital age. Introduction In today’s rapidly evolving digital landscape, fraud and financial crime have become an increasingly complex and pervasive issue for organizations, big and small, global, and domestic. Fortunately, advanced technology and artificial intelligence (AI) have emerged as invaluable tools in the fight against malfeasance. By leveraging sophisticated algorithms, data analytics, and machine learning capabilities, combined with traditional forensic accounting principles, these technological advancements…

  • Financial Forensics - QuickRead Top Story

    Using Artificial Intelligence Tools in Professional Report Writing

    January 3, 2024

    NACVA Evaluates Impact of ChatGPT on the Membership Imagine having a quirky little virtual assistant that can draft professional articles, generate narratives, and assist with academic writing. With the recent buzz around ChatGPT, an artificial intelligence chatbot developed by OpenAI, the possibilities of utilizing this technology in the forensics and valuation services world has created mixed viewpoints. While some may fear that ChatGPT could replace humans, others are excited about the potential it holds to, well, replace humans. Either way, ChatGPT has the potential to change the way professionals in these industries work. In this article, the authors explore how…

  • Practice Management - QuickRead Top Story

    Book Review

    December 6, 2023

    ChatGPT for Accountants: The Accountant’s Guide to AI and ChatGPT In this article, the authors review ChatGPT for Accountants: The Accountant’s Guide to AI and ChatGPT. They discuss thought-provoking exploration of the relationship between artificial intelligence (AI)—primarily ChatGPT—and the accounting, auditing, and tax professions, and offer their views on the benefits and perils of integrating AI into the firm. ChatGPT for Accountants: The Accountant’s Guide to AI and ChatGPT offers a thought-provoking exploration of the relationship between artificial intelligence (AI)—primarily ChatGPT—and the accounting, auditing, and tax professions. Through an examination of the potential applications, challenges, and evolving nature of the…

  • Practice Management - QuickRead Top Story

    We Just Hired a New Employee

    November 15, 2023

    For Free Imagine streamlining the administrative and marketing tasks of your business valuation or forensic accounting firm, freeing up valuable time to focus on higher-value activities. In the dynamic landscape of these industries, professionals are constantly seeking innovative solutions to boost productivity and efficiency. In this article, we delve into the extraordinary capabilities of ChatGPT and its potential to transform your firm. Imagine streamlining the administrative and marketing tasks of your business valuation or forensic accounting firm, freeing up valuable time to focus on higher-value activities. In the dynamic landscape of these industries, professionals are constantly seeking innovative solutions to…

  • Practice Management - QuickRead Top Story

    We Know Smart Contracts are “SMART”, but are they Ethical?

    September 20, 2023

    Emerging Technologies, Emerging Ethical Risks This article summarizes points made at the Address at the 2023 NACVA Annual Conference. On-Demand Course: We Know Smart Contracts are “Smart” but Are They “Ethical”? Emerging Technologies, Emerging Ethical Risks It is not the business of the botanist to eradicate the weeds. Enough for him if he can tell us just how fast they grow. –C. Northcote Parkinson, in Parkinson’s Law, 1957. On July 13, 2023, I was invited to deliver the Keynote Address at the NACVA and the CTI’s Business Valuation and Financial Litigation Super Conference held at the Cliff Lodge in Snowbird,…