Hourly billing model blocks AI adoption in accounting firms, survey data shows
Two-thirds of accounting firm revenue still tied to hourly billing in 2025, creating perverse incentive against AI adoption since efficiency cuts billable hours and fees.
Two-thirds of accounting firm revenue still tied to hourly billing in 2025, creating perverse incentive against AI adoption since efficiency cuts billable hours and fees.
Blake Oliver interviews Sikich managing principal on how AI adoption is dismantling the classic accounting pyramid hierarchy and reshaping career paths for CPAs.
Xero unveils Xero OS, an AI-native operating system designed to automate finance tasks for accountants and small businesses, marking a shift toward autonomous financial management.
Digits launches MCP Server enabling accountants to access live financial data directly within Claude, ChatGPT, and Cursor, automating data retrieval for audit and bookkeeping workflows.
CBIZ partners with Microsoft to build an agent-native operating platform using Microsoft Foundry, 365 Copilot, and Copilot Studio for accounting operations.
CPA Practice Advisor argues the real story of AI in tax and audit isn't how widely it's adopted, but how it's fundamentally changing the work CPAs do and the profession's future.
Trainly launches a free audit service for monitoring AI agent production traces, targeting developers building agentic systems with visibility into performance and reliability.
New open-source AI accounting tool TaxHacker enables self-hosted tax and bookkeeping automation, appealing to users seeking privacy and control over financial data.
Daylit, an AI-powered accounts receivable automation platform, secures $110M funding to expand AI agents for wholesale distributors using NetSuite.
Intuit launches international expansion of its 'More with AI Tour' to the UK, promoting AI adoption for automating invoicing, cash flow, and financial insights among small business owners.
Guide teaches UK accountants how to effectively use prompt engineering with AI tools to improve efficiency and accuracy in accounting tasks.
ArXiv paper argues enterprise AI agents in regulated domains (tax, underwriting, claims) require stateless design for auditability and compliance, challenging a decade of stateful memory research.
arXiv paper addresses transparency gap in autonomous AI agents by developing methods to audit and control agent actions in spreadsheet environments, enabling users to oversee multi-step AI decision...
BlackLine explores explainable AI's role in audit compliance, highlighting how transparent decision-making and audit trails are critical for regulatory requirements in accounting.
KPMG plans to roll out AI agents for routine audit testing this summer, with ambitions to automate all routine testing tasks by 2029, signaling major shifts in auditor roles.
Professional liability insurers covering CPA firms are developing consensus that AI poses controllable risks requiring strong governance frameworks, though specific impacts remain unclear.
Zeni explores how AI agents can identify and mitigate sales tax compliance gaps in automated accounting workflows that traditional software stacks miss.
AppZen CEO announces AP Inbox Service Center with autonomous agents handling invoice processing and supplier communications, eliminating manual accounting work.
CBIZ deepens AI collaboration with Microsoft to enhance productivity and talent retention across accounting and advisory services.
Digits introduces MCP Server connecting its AI-native Agentic General Ledger to third-party tools, addressing accounting 'truth drift' from disconnected financial data systems.