Financial practice.
WHERE IT HELPS
Extracting data from invoices and receipts Categorising transactions, checked Explaining concepts to clients in plain language Drafting correspondence Summarising documents
THE CALCULATION RULE
Never accept a calculation. Use proper software.
FOR DATA EXTRACTION
Genuinely valuable. It removes typing from much of bookkeeping.
Verify every figure.
FOR CLIENT COMMUNICATION
"Explain this in plain language for a client who is not an accountant."
A strong use, and clients value it.
FOR TAX
Never rely on generated statements about obligations, rates or deadlines.
Coverage of Nigerian tax specifics is thin and errors are likely.
WHAT REMAINS PROFESSIONAL WORK
Judgement, filing, advice and certification.
WHAT TO CHECK
Your professional body's position on AI use, and on client confidentiality.
FOR CLIENT MATERIAL
Establish what you may send before sending anything.
