AI in Auditing: Benefits, Risks, and What Auditors Should Evaluate
Trullion examines AI's promise in audit—faster fieldwork, broader coverage, better risk detection—while highlighting what auditors should scrutinize before adopting vendor solutions.
The Wire — Page 10
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.
2 more from Blake Oliver, CPA
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.
Cost accounting fails to measure AI's real value, CPA argues
Blake Oliver argues traditional cost accounting misses AI's true impact; 80% of companies report zero productivity gains despite widespread AI investment, pointing to flawed measurement frameworks.
Insurers flag AI governance risks for CPA firms
Professional liability insurers covering CPA firms are developing consensus that AI poses controllable risks requiring strong governance frameworks, though specific impacts remain unclear.
2 more from Accounting Today
Internal audit guides responsible AI development across enterprises
Internal audit teams should embed risk management early in AI lifecycle to help organizations innovate responsibly while managing AI-related compliance and governance challenges.
AI forces accounting profession to rethink services, skills, and pricing models
Accounting Today opinion piece argues AI isn't just automating tasks—it's fundamentally reshaping the role and value proposition of accounting professionals themselves.
AI Impact in Tax and Audit Goes Beyond Adoption Metrics
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.
AI threatens entry-level accounting jobs, demands 'super accountant' rethink
Sikich managing principal Richard Lynch warns AI will eliminate routine accounting work, forcing firms to reshape training, billing, and career paths or face extinction—not adoption.
KPMG predicts routine audit work could shift to AI within 2-3 years with mini...
KPMG forecasts that routine audit testing could become the first major audit area performed almost entirely by AI within 2-3 years, raising questions about the future of human auditors and firm ope...
1 more from The Accounting Podcast
Perplexity Eyes Tax Prep While IRS Tests Palantir for Audit Selection
AI startup Perplexity moves into tax preparation and bookkeeping as IRS pilots Palantir to algorithmically select audit targets, raising questions about AI adoption ROI in accounting firms.
AI-Enabled vs. AI-Native vs. Agentic: Accounting Software Taxonomy Explained
Digits breaks down three distinct AI implementation models in accounting software—AI-enabled, AI-native, and agentic—clarifying how architecture differences determine whether tools reduce work or j...
Using AI in R&D tax relief claims raises compliance questions
AccountingWeb explores best practices for incorporating AI tools into R&D tax relief claim preparation, balancing automation efficiency with regulatory accuracy requirements.
1 more from AccountingWeb
Why probabilistic AI fails for VAT compliance
Accounting software relying on probabilistic AI models risks VAT return errors; deterministic approaches needed for tax accuracy.
BlackLine defines agentic financial operations as shift beyond basic automation
BlackLine introduces agentic financial operations as intelligent orchestration of entire financial processes, marking evolution beyond simple automation for accounting teams.
2 more from BlackLine Blog
AI transforms order-to-cash workflows, reducing manual processing
BlackLine explores how AI automation streamlines order-to-cash processes—a core accounting function—reducing manual work and improving cash visibility for finance teams.
BlackLine showcases AI use cases for accelerating financial close processes
BlackLine explores trustworthy AI applications in financial closing workflows, positioning automation as a solution for faster period-end accounting cycles.
AI speeds finance ops, but oversight lags—creating accountability gaps
MindBridge warns that AI automation in finance is outpacing human oversight controls, creating compliance and accountability risks as transactions are classified and journaled in real-time without ...
AI models struggle with reliable tax question answers
Analysis questions whether LLMs can reliably answer tax questions, highlighting accuracy gaps in a core accounting use case.
Trullion argues accounting needs AI agency, not just agents
Trullion's founder argues accounting tech must prioritize trust and auditability over speed, positioning human-in-the-loop AI as superior to autonomous agents.