Electronic Tax Administration Advisory Committee recommends predictable multiyear IRS funding, expanded AI use with safeguards, and tax code simplification to ease practitioner and taxpayer burden.
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.
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.
FINRA Rule 4511 and 2026 Oversight Report clarify that compliance recordkeeping obligations now explicitly cover AI-generated records and image-based communications, expanding compliance scope beyo...
Academic paper quantifies autonomous AI agent failure risk through trace-level underwriting to enable profitable, insurable deployment in operational systems including accounting workflows.
Academic paper proposes deontic trees to help AI agents correctly parse nested exceptions in regulations, addressing failures where systems appear compliant but miss critical edge cases in tax, aud...
MindBridge warns that AI is quietly integrating into financial reporting, approvals, and reconciliations—often unrecognized by organizations—creating governance and compliance blind spots for finan...
Tax professionals leverage AI to boost efficiency, but a smaller, more automated IRS requires firms to implement stronger due diligence policies to avoid compliance risks.
Institute of Management Accountants introduces new AI in Finance micro-credential as part of broader competency certification rollout for finance and accounting professionals.
AICPA's 2025 update pushes valuators to align models with actual market behavior rather than relying on theoretical precision, signaling a shift toward practical accountability in private company v...
Research proposes 'governance from metrics' approach treating LLM compliance as continuous runtime signal rather than binary audit verdict, addressing EU AI Act requirements for ongoing oversight a...
Researchers propose Ontological Knowledge Blocks (OKBs), a programmable framework that automates AI governance verification and compliance auditing beyond static checklists, targeting transparency ...
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...
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...
arXiv research proposes architectural tactics for deploying agentic AI in regulated contexts like accounting, emphasizing how autonomy and agency must be coupled to maintain compliance and human ov...
UK tax authority HMRC will use AI from a British tech company to identify fraud and errors in tax returns, signaling regulatory adoption of AI for compliance and revenue protection.
AuditBoard argues GRC and internal audit teams are critical to mitigating AI risks and ensuring regulatory compliance as enterprises deploy AI systems.
UK tax authority HMRC announces plans to leverage AI and automation to modernize tax administration and service delivery.
AICPA and CIMA introduce AI Accelerator Skills Program, a structured training initiative to equip accounting professionals with AI competencies for an automation-driven industry.
AICPA and CIMA debut globally available AI Accelerator Skills Program to train accounting professionals in AI adoption, leadership, and governance frameworks.