Lili Launches MCP Server for Multi-Client Accounting Management
Lili releases Model Context Protocol server enabling accountants to access and analyze client financial data faster through agentic AI integration.
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Trintech launches AI agents for close automation and variance analysis
Trintech releases two agentic AI tools: Flux automates account fluctuation analysis during financial close, while Variance Analysis agent speeds budget-to-actual reviews post-close.
Sage enhances AI functions in X3 for manufacturers, distributors
Sage rolls out AI-powered insights and cloud innovation in Sage X3 to streamline workflows for manufacturing and distribution businesses.
IRS Issues First Guidelines for Tax Pros Using Generative AI
IRS Office of Professional Responsibility released formal guidelines on Wednesday governing how tax professionals must use generative AI in practice, marking first regulatory framework for AI adopt...
Deloitte launches agentic AI network for audit within Omnia platform
Deloitte unveils connected agentic intelligence in Deloitte Omnia, a unified framework integrating new and existing AI agents to advance audit and assurance capabilities.
Maxima launches Max, AI agent for enterprise accounting prep work
Maxima unveiled Max, an agentic AI platform designed to automate manual and recurring preparation tasks for enterprise accounting teams.
Kinter launches autonomous AI agents for accounting teams
Kinter publicly unveiled AI accountants—autonomous agents designed to execute complex financial workflows for accounting firms, marking a direct product entry into agentic AI for the profession.
Meridian AI Platform Automates Full Monthly Close Process
San Francisco startup Meridian launches AI accounting platform that automates month-end close from start to finish, customized to each firm's policies and client processes.
Taxfyle launches AI-native tax planning platform for RIAs
Taxfyle debuts Plan, an AI-driven tax strategy platform designed to automate manual tax planning workflows for registered investment advisors, replacing time-intensive manual processes.
Zuora launches AI agents for quote-to-cash finance workflows
Zuora expands its AI platform with new agents targeting finance teams across quote-to-cash processes, though details on specific accounting/audit use cases remain limited.
Tax advisor argues AI adoption is competitive necessity, not job threat
CPA speaker at LatinoTaxFest emphasizes that accountants who embrace AI for client context will outcompete rivals offering generic tax solutions; positions AI as a tool requiring human expertise ra...
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AI threatens traditional accounting firms' viability, expert warns
Brazilian accounting educator argues AI and automation are fundamentally transforming the accounting profession, positioning custom software over pre-built solutions as the future of practice.
Ember launches Slack integration for instant financial data queries
Campfire's Ember AI assistant now integrates with Slack, letting finance teams ask questions about spend categories, cash position, and runway directly in messaging without leaving the platform.
Taxfyle launches AI-native tax planning platform for wealth advisors
Taxfyle rolled out Plan, an AI-powered tax strategy platform for RIAs that integrates planning, reporting, and filing through a network of 7,200+ CPAs and EAs in a single workflow.
1 more from Inside Public Accounting Blog
Whitman Advisory launches AI valuation platform for CPA firm M&A
ValueMyCPAFirm.com uses AI and 10+ years of transaction data to value CPA firms for owners and PE investors, analyzing financial and operational metrics.
Eide Bailly taps private equity to accelerate AI implementation
Top-20 accounting firm Eide Bailly sells stake to Reverence Capital Partners to speed up AI adoption for internal operations and client services, following Crowe's $3B KKR deal.
IRS issues preliminary AI guidelines for tax professionals
IRS releases draft guidance requiring tax firms to verify AI outputs and share cost savings with clients, establishing first regulatory framework for AI use in tax practice.
1 more from Accounting Today
AI emerges as top tool for faking receipts in expense fraud schemes
AI-generated fake receipts have become the primary method for expense fraud, replacing template-based approaches, according to Accounting Today reporting.
Multi-agent systems automate IT-Grundschutz compliance audits for SMEs
Researchers propose probabilistic multi-agent systems to automate labor-intensive IT-Grundschutz audits under NIS-2 Directive, reducing manual documentation and validation burden for compliance.
Researcher audits 1B LLM tokens, exposes token compression billing discrepancy
An audit of 1 billion tokens reveals a major gap between token compression rates (99%) and actual billing, suggesting potential overcharges or token counting inconsistencies in LLM API pricing.