AccountingWeb reports finance chiefs face pressure to abandon consumer-grade AI tools due to data breach and compliance risks, signaling shift toward enterprise-grade accounting AI solutions.
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LogicGate argues third-party risk management can't rely on prompt-based AI tools; DORA and EU AI Act require auditable, purpose-built agents with documented approvals and compliance evidence.
UK National Audit Office cautions civil service to carefully plan workforce changes before banking on AI productivity gains, citing need for realistic assessment of skills and roles impacted.
AICPA Engage report forecasts near-complete automation of accounting compliance by 2040, with deterministic AI agents reshaping the profession; industry leaders debate timeline and workforce implic...
AuditBoard outlines essential questions auditors should ask AI vendors, covering governance, risk, and security—relevant for audit teams evaluating AI tools but lacks accounting-specific guidance.
Coinbase's Lawrence Zlatkin discusses new Form 1099-DA requirements for crypto taxation, cost basis challenges, stablecoin reporting inefficiencies, and policy advocacy in Washington for tax profes...