How might Large Language Models (LLM), trained to understand, generate and interact with human language via billions or trillions of tuned parameters, impact accounting and finance? In their December 2023 paper entitled "A Scoping Review of ChatGPT Research in Accounting and Finance", Mengming Dong, Theophanis Stratopoulos and Victor Wang synthesize recent publications and working papers on ChatGPT and related LLMs to inform practitioners and researchers of the latest developments and uses. They also provide a brief history of LLMs. Based on review of about 200 papers released during January 2022 through October 2023, they conclude that:
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