The Future of Global Taxation in the era of Gen AI
summary
Kogna shows a working pipeline that turns source ledgers into compliant GAAP and IFRS outputs using an AI-powered ETL plus a language model that generates audit explanations. A concrete example: a $5 million AI development cost is expensed under US GAAP but capitalized under IFRS, and the system auto-produces the delta, journal adjustments, and a full audit trail for each legal entity. Demo uses a low‑code ETL, a cloud data warehouse, and an LLM in the UI to answer auditor queries, proving the approach scales across lead vs local ledgers rather than staying experimental.
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chapters (7)
- 0:00Introduction
- 4:42AI investments lack revenue
- 9:17Accounting fundamentals GAAP vs IFRS
- 13:53Global tax challenges dual ledgers
- 15:37Tax discrepancies AI-powered ETL
- 20:13LLMs integrate tax systems
- 21:19Recap and call for questions
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