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Almost half cited cost as a barrier.

Over 1 in 3 or 35% of accountancy firms in Singapore have no plans to adopt machine learning in their organisation, with 13% still undecided, according to a report from the Association of Chartered Certified Accountants’ (ACCA).

Machine learning is part of the artificial intelligence (AI) umbrella, and refers to the ability of computers to ‘learn’ and make decisions or predictions based on analysis of large sets of data.

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