No, AI doesn't replace your accountant. It handles the repetitive tasks quickly and efficiently: data entry, categorization, bank reconciliation, anomaly detection, and initial drafts. A vetted human remains solely responsible for the rest: judgment in ambiguous cases, tax strategy, the responsibility for signing, and representing you before the CRA and Revenu Québec. AI is growing, but the human is validating and accountable.
Bankeo doesn't sell AI software or accounting services: we're the only neutral third party on this subject. We connect you, free of charge, with an audited accountant from our network—a human who validates the work and takes full responsibility. You never pay Bankeo.
Four pieces to decide, without hype and without fear: what AI really does, where it goes wrong, who remains responsible to the IRS, and how to choose a human who uses it well.
What AI already does better (data entry, reconciliation, 24/7 volume) and the five things it will never do for you: judgment, strategy, signature, representation, accountability to the Order.
Where AI makes mistakes, and who remains accountable to the CRA and the tax authorities when it's wrong. The honest answer, with a concrete example of an outdated rule.
The 67 points a human checks that a chatbot ignores. What "reliable" really means when your money is on the line.
The right questions to ask: how does it use AI, who approves it, who signs it off, who represents you in case of an audit. The checklist to help you choose wisely.
We provide you with free support from an audited accountant who monitors and accounts for the AI's output. You never pay Bankeo.
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No. AI excels at repetitive tasks (data entry, categorization, bank reconciliation, anomaly detection, initial drafts), but according to the Quebec CPA Order, it does not replace professional judgment, the understanding of complex contexts, or a relationship of trust. The profession is changing, not disappearing: humans are spending more time on strategy and advice.
Technically yes, but you remain responsible to the CRA and Revenu Québec. AI can hallucinate a non-existent credit, apply an outdated rule or the wrong tax bracket, and it doesn't represent you if you're audited. An audited human verifies, signs, and assumes professional responsibility.
You, or the professional who used the tool, never the algorithm. For CPA Ontario, the CPA remains solely responsible for the quality of the work, regardless of the technology used. That's why a verified human who validates and is accountable for it remains essential, no matter how powerful the tool.
The median fee is around $2,000 per year, ranging from $500 to $6,000 depending on your industry and the complexity of the case (source: Bankeo Barometer). AI doesn't do "the same thing": it handles the mechanical aspects. What you're paying for is judgment, tax strategy, and accountability—precisely what saves you money or protects you in case of problems.
No. Bankeo is a service that connects you with real people. We don't sell AI software or accounting services, which makes us a neutral third party on the subject. We connect you free of charge with an audited accountant from our network, and we provide ongoing support.
We will pair you free of charge with an accountant from our network who will review your application, assume responsibility, and support you for as long as necessary. You never pay Bankeo.
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