For internal auditors, AI is not just another tool. It's becoming a competitor in the race for relevance.

Rightworks plans to expand in response to changing dynamics brought on in part by the growing influence of private equity.

The rising adoption of AI at accounting firms has come with a growing need for open and transparent talks with clients about how the technology is used, and what measures are taken to address their concerns about it.

A third of accountants conceded in a survey they would not be able to recognize an AI-generated fake receipt if it came across their desk.

Plus, Stampli launches a solution for AP automation; PwC buys a fintech consultancy; and other accounting tech updates.

The new Docyt High Precision Accounting Intelligence engine was built specifically to automate complex accounting workflows via a variety of AI agents.

Increasingly, accounting leaders acknowledge that AI will significantly shape the future of the profession. And yet, that awakening has brought a new problem: paralysis.

Financial modeling, much like coding, involves numerous interconnected spreadsheet tabs, complex logical structures built through Excel formulas and links.

An EY report notes there are over 1,000 AI-related regulatory frameworks worldwide, but overall they seem to be settling into three types.

Tax and accounting firms recognize that the world has fundamentally changed, and new technologies hold the key to transformation.

Plus, Lili introduces credit program; Mastercard announces Commercial Direct Payments solution; and other accounting tech news.

Accounting firms are getting tired of switching between applications that don't integrate.

While organizations understand AI governance and controls are important, actual implementation lags behind significantly due to leadership and culture.

For accounting professionals, the integration of generative AI in 2025 can occur through several distinct, yet often complementary, channels.

Accounting management platform Sage has acquired small business-focused expense management platform Fyle.

Plus, Pipe launches AI agents for small biz; Wolters Kluwer divests its Finance, Risk and Regulatory Reporting unit; and other accounting tech news.

A cautionary reflection on employment in the age of automation.

The White House released "America's AI Action Plan," which calls for a wide variety of measures such as cutting regulations, promoting standards, encouraging training and aligning models with certain values.

April, a tax program that leverages artificial intelligence, closed a $38 million Series B fundraise.