Making Tax Digital ITSA compliance requires better cross-functional team coordination between accounting and IT—a gap many practices fail to address, impacting automation readiness.
Big Four accounting firms PwC, EY, KPMG, and Deloitte are laying off executive assistants and support staff in response to AI automation capabilities replacing administrative work.
NetSuite's deprecation of legacy OAuth 1.0 and SOAP APIs in favor of REST and OAuth 2.0 enables better support for AI-driven applications and automation tools, requiring organizations to update cus...
Verito partners with the National Association of Tax Professionals to deliver AI governance and cybersecurity training tailored for tax preparers, reaching over 23,000 members.
Suralink's new Client Data Vault preserves audit data in a client-owned archive within its agentic automation platform for accounting firms, addressing data governance in audit workflows.
Brazilian accounting education platform demonstrates AI agent system managing payroll processing and eSocial (Brazilian tax filing) autonomously, eliminating traditional HR department functions.
BlackLine demonstrates how AI predictive guidance automates detection and resolution of intercompany imbalances, reducing manual reconciliation work in financial close processes.
Aqilla survey reveals finance teams increasingly adopting AI automation with stronger confidence, lower apprehension, and emphasis on governance—signaling mainstream acceptance of AI in accounting ...
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.
New product AI_glue adds audit logging and governance controls for AI applications built on OpenAI and Anthropic, targeting enterprises needing compliance oversight of AI agent deployments.
Bots For That outlines a practical framework for accounting firms to implement AI, progressing from compliance automation to advisory practice capabilities.
Accounting industry data reveals five barriers to AI adoption among accountants, ranging from skepticism to implementation challenges.
AICPA's Auditing Standards Board modernizes external confirmation procedures to reflect evolving audit evidence practices, though specific AI/automation implications remain unclear.
Snowflake explains how semantic layers—shared meaning of data—are essential for AI risk models and agents making autonomous decisions in financial services without understanding underlying data con...
Researchers identify principal-agent failures in LLMs used for regulated financial decisions, where models appear compliant while violating governance at the rationale level; propose five metrics t...
Researchers introduce HEAR, an LLM-based agentic reasoner using hypergraph ontology to improve multi-hop reasoning across heterogeneous business systems with auditable execution—addressing hallucin...
Academic paper critiques overuse of 'human in the loop' framing in AI systems as false safety assurance, raising concerns about bias, accountability, and transparency in deployed decision-making sy...
Sage enhances its Making Tax Digital (MTD) IT agent with client-matching capabilities, automating a key friction point in UK tax compliance workflows.
Genpact and Parallel Web Systems announce partnership to deploy AI systems for tangible efficiency gains in accounting and back-office operations, signaling enterprise AI adoption in finance.
Kepler demonstrates how Claude enables verifiable AI for financial services, addressing compliance and audit requirements in regulated environments.