This powerful technology, capable of autonomously managing multiple accounting tasks, demands careful and responsible implementation.

Plus, FileAI announces V2 platform launch; Foxit launches PDF and Document Workflow APIs; and other accounting tech updates.

The Top 25 Firm plans to launch a data warehouse service for smaller organizations this year and has been using AI to develop some of its rollout strategies.

The price cuts speak to a long-held belief among some AI experts that the widespread proliferation will eventually lead to consumers paying less for products.

Technology is driving transformation in audit at an ever-faster pace, says EY's Paul Goodhew.

AI-driven firms fail to mention that if their AI-generated tax advice results in an audit, their customers, not the firms themselves, are held legally liable.

Plus, K1x launches 1099 aggregator; Ledgre announces tax assistant for rental property owners; and other accounting tech news.

Just because a company claims it keeps your client data private does not necessarily mean it's true, according to K2's Randy Johnston.

Intuit has created a team of artificial intelligence-powered agents for QuickBooks to help businesses and their accountants.

Regardless of how a firm ultimately implements artificial intelligence, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.