EY's 2025 Canada report on fraud in loyalty systems was 72% AI-generated with 16+ hallucinations, raising concerns about AI reliability in audit and fraud-detection work.
Read original article →New product AI_glue adds audit logging and governance controls for AI applications built on OpenAI and Anthropic, targeting enterprises needing compliance oversight of AI agent deployments.
Podcast breaks down six concrete Claude use cases accounting firms are already implementing, including SOP generation from screen recordings and multi-entity financial consolidation.
Accounting Today surveys executives from the largest U.S. firms on their AI implementation approaches, revealing practical strategies for scaling AI across audit and advisory practices.
AICPA's Auditing Standards Board modernizes external confirmation procedures to reflect evolving audit evidence practices, though specific AI/automation implications remain unclear.
UK tax authority HMRC will use AI from a British tech company to identify fraud and errors in tax returns, signaling regulatory adoption of AI for compliance and revenue protection.