KPMG partners with Anthropic to embed Claude into tax platform

KPMG integrates Anthropic's Claude Cowork into its client delivery platform, starting with tax and legal services, marking a major Big 4 adoption of generative AI for professional services.

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Top 100 accounting firms share six AI adoption strategies

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.

KPMG Partners with Anthropic to Build Claude-Powered Digital Gateway

KPMG and Anthropic partnership leverages Claude AI to develop a digital gateway combining frontier AI capabilities with accounting domain expertise, emphasizing security and trust.

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EY cybersecurity report riddled with AI hallucinations, investigation finds

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.

Grant Thornton debuts gtap, AI-powered audit platform for U.S. practices

Grant Thornton launches gtap, a cloud-based audit platform embedding AI and automation across the audit lifecycle to standardize data ingestion, transformation, and analysis for its U.S. Audit & As...

OpenAI and PwC deploy AI agents to automate CFO workflows

OpenAI partners with PwC to help enterprises use AI agents for automating finance workflows, forecasting, and financial controls in the CFO office.

KPMG cuts 10% of audit partners as AI still fails 1 in 5 accounting tasks

KPMG and EY are quietly demoting equity partners to salaried roles while best-in-class AI systems still fail on roughly 20% of core accounting tasks, raising questions about automation's real limit...

Rillet partners with EY on AI-native finance transformation platform

Rillet and EY announce alliance to deliver AI-native finance solutions with built-in risk and controls, positioning the Big 4 firm to offer automated financial transformation to enterprise clients.

Sage positions AI as tool for professional accountants, not automation replac...

Sage outlines its AI strategy focused on supporting accountants doing complex work, signaling a shift toward AI augmentation rather than full automation in accounting software.

KPMG launches Gemini-powered month-end close AI assistant

KPMG unveils Financial Close Companion, a Gemini Enterprise AI tool integrated with Workday to automate month-end accounting tasks, identify discrepancies, and mitigate close-related issues.

1 more from CPA Practice Advisor

KPMG launches AI assistant for month-end close process

KPMG debuts Ignite Financial Close Companion, an AI assistant built with Google and Workday to automate month-end accounting close procedures.

KPMG to deploy AI agents for routine audit testing starting summer 2026

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.

1 more from Going Concern

AI Disrupts Traditional Accounting Firm Structure, Fuels 'Super Accountant' M...

Blake Oliver interviews Sikich managing principal on how AI adoption is dismantling the classic accounting pyramid hierarchy and reshaping career paths for CPAs.

EY embeds AI agents across all global audit engagements

Ernst & Young deploys enterprise-scale agentic AI across its assurance practice worldwide, making AI-powered auditing standard for all engagements.

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