Big Four firm Ernst and Young announced the formation of the Global AI Advisory Council, which will act as a sounding board as EY manages the extensive scale of AI deployments.

Plus, Withum rolls out cloud-based audit platform; SafeSend's new Client Portal uses PIN instead of password; and other accounting tech news and updates.

Thomson Reuters has made a major investment in Propense, an AI-powered cross-selling solution, which will enable the company to expand its reach among CPA firms.

Firms are increasingly turning to artificial intelligence to help with data management and security, but paradoxically, that technology can pose security risks of its own.

ISO 42001 is a comprehensive framework concerning oversight of AI management systems in terms of security, ethics and accountability.

Top 50 Firm Schellman recently became the first U.S. firm accredited to certify compliance with the new ISO 42001 AI management standard.

Plus, Avalara announces AvaTax for Accounts Payable; Sage Copilot launches in U.S.; and other accounting technology news.

Artificial intelligence is transforming how firms manage tax returns, communicate with clients and handle administrative tasks.

Audit, risk and compliance platform AuditBoard announced the addition of three new AI-driven automation and analysis capacities to its platform.

Materia's platform can answer accounting queries in plain language and embed citations so users can verify the information.

The software giant said it would roll out 10 "autonomous agents" to complete tasks on behalf of people in areas such as sales, customer support and accounting.

Plus, TaxPlanIQ announces virtual summit; IRS announces availability of 18 online seminars; and other accounting tech news.

When faster, cheaper, and better may not always be the best.

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning

SAP announced improvements to its spend management and business network solutions, not least of which is the embedding of a generative AI assistant.

Plus LiveFlow raises $13.5 million to modernize accounting, a host of developments in AI, and other technology stories you may have missed in the last month.

Once AI handles all the boring and unpleasant tasks for accountants, what boring and unpleasant tasks will replace them?

New technology has a habit of fixing old problems but creating new ones in their place, and AI is unlikely to be an exception.

Confidence in generative AI has soared among financial operations and tax professionals in just one year.