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AI beats licensed accountants on speed and accuracy, but still can't close the books without supervision

A Mercor study found that current AI models now outperform licensed CPAs on structured accounting tasks in both speed and accuracy, a reversal from 18 months ago when the models lagged far behind. On the more demanding APEX Benchmark, however, no model fully completes all tasks, and without human oversight AI still cannot close the books on its own.

by read1 min views2 publishedOct 2, 2026

According to a Mercor study, current AI models now outperform licensed CPAs on structured accounting tasks in both speed and accuracy. Eighteen months ago, they still lagged far behind. On the more demanding APEX Benchmark, though, no model fully completes all the tasks. Without human oversight, AI still can't close the books on its own.

The article AI beats licensed accountants on speed and accuracy, but still can't close the books without supervision appeared first on The Decoder.

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