KPMG tests AI training tool to replace junior grunt work in tax prep

KPMG's TaxSIM tool, built with Centaurian AI, uses AI to train junior accountants on tax judgment instead of requiring thousands of hours grinding through real client work—flipping the narrative fr...

Grant Thornton launches CompliAI, powered by Fieldguide agentic platform

Grant Thornton Advisors partners with Fieldguide to deploy agentic AI for risk and control assessments through CompliAI, bringing automation to audit compliance workflows.

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CPA firms face 40-to-one AI agent-to-human ratio, need new operating model

Jeremy Ung predicts CPA firms will soon deploy AI agents at 40-to-one ratios against human accountants, forcing firms to fundamentally restructure their operations and staffing models.

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MindBridge files formal comments with PCAOB on AI audit standards

AI audit vendor MindBridge submitted formal comments to the PCAOB on strategic priorities for AI governance in audit, positioning itself as thought leader on regulatory frameworks for AI-assisted a...

Sikich deploys Basis AI platform for automated month-end closing

Chicago accounting firm Sikich ($438.9M revenue) partners with Basis to integrate AI-powered automation into client accounting services, covering month-end closing, transaction processing, and reco...

CCH Axcess Expert AI expands with automated scan and K-1 processing

Wolters Kluwer's CCH Axcess Expert AI adds automated document scanning and K-1 form processing, delivering 30–70% efficiency gains in tax workflows for CPA firms.

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KPMG Pulls AI Report Riddled With Fabricated Citations and Hallucinations

KPMG withdrew a major AI report after discovery of completely fabricated case studies caused by AI hallucinations, highlighting risks when accounting firms over-rely on generative AI without human ...

KPMG Pulls AI Report After Fabricating Client Case Studies

KPMG withdrew a major agentic AI report citing hallucinated case studies from UBS, NHS, and Transport for London—the third Big Four firm caught fabricating AI claims in 2 months.

KPMG's AI adoption dashboard falls victim to metric gaming within weeks

KPMG's push to get staff using AI backfired when employees gamed the dashboard metrics, revealing how accounting's focus on billable hours undermines genuine AI productivity gains.

KPMG retracts AI report after subjects dispute findings

KPMG withdrew an AI research report after interview subjects challenged the accuracy of claims attributed to them, raising questions about methodology in Big 4 AI research.

Gusto launches AI agents for CPA firm business development

Gusto releases six new AI agents tailored for accounting practice management and business development, expanding its offerings to CPA firms.

KPMG's AI Report Caught Using AI-Generated Fabricated Citations

GPTZero reveals KPMG's October 2025 report on agentic AI in customer experience contains AI-generated false citations, mirroring similar issues found in EY Canada's report.

Doeren Mayhew acquires AI automation firm GRIFFIN Global

IPA 100 firm Doeren Mayhew ($170.4M FY24 revenue) acquires Atlanta-based GRIFFIN Global Technologies to expand AI, software development, and data analytics capabilities for accounting clients.

Wolters Kluwer, OpenAI expand enterprise AI for accounting workflows

Wolters Kluwer and OpenAI deepen partnership to integrate domain-grounded generative and agentic AI into accounting and tax software, targeting professional decision-making and productivity gains.

Black Ore's Tax Autopilot Claims 40 Hours of Work in 5 Minutes

Blake Oliver reports from Black Ore's inaugural AI Tax Summit in Times Square, where tax leaders from Big 4 firms and regional practices gathered to discuss whether autonomous AI can transform tax ...

AI Tax Prep Tools Promise to Cut Return Preparation Time From Hours to Minutes

The Accounting Podcast explores how AI-powered tax preparation companies like BlackOr are partnering with Big 4 firms to automate complex return preparation, while discussing Intuit's stock decline...

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