Despite the tremendous buzz, it is crucial to recognize that AI's true role in accounting will likely be to augment human capabilities and streamline processes.

Plus, Bill releases financial operations platform for SMBs; and other accounting technology news and updates.

As accounting students start a new semester, there is a glimmer of optimism in the distance.

The Internal Revenue Service is leveraging artificial intelligence to detect tax evasion as it uses the extra funding from the Inflation Reduction Act to ramp up compliance efforts.

Microsoft is adding the programming language to its iconic spreadsheet program, Google is diving into e-signatures, and eight other new developments.

Plus, Expensify adds enhanced insights and custom reporting functionality; IMA launches new cybersecurity certificate program; and other accounting tech news.

More firms are looking to augment accountants' roles with AI-powered technology, but what are the risks?

In this week's Vendor Spotlight we discuss payroll, benefits and HR solutions provider Gusto with Will Lopez, Gusto's chief ambassador.

Should your firm get on board, or steer clear?

Even without formal standards, professionals are still finding ways to examine and test AI.

Plus, OnBoard launches AI assistant feature; and other news from the accounting technology arena.

In an era where technological advancements redefine our day-to-day activities, artificial intelligence and machine learning have emerged as transformative forces in various sectors.

While people seem to have concerns about the rise of generative AI and the risks it presents, people are still using it and trusting its answers.

There are several compelling reasons why the future of finance requires organizations to strike a balance between both human and machine-driven intelligence.

In this Vendor Spotlight we hear from Ben Borodach, co-founder and CEO of tax solutions provider April.

Most accountants and financial professionals think AI will make their individual skills even more highly valued, but many feel it will be the doom of their profession.

Ultimately, ChatGPT can help teams improve, not replace them, and that's a critical distinction that too often gets buried in the hype.

Plus, Boast AI unveils universal data ingestion feature; and other news and updates from the accounting technology arena.

The profession is enthusiastic about AI, making four times the investments that other professions like law are.

There is going to be a big gap between accountants who use artificial intelligence and those who don't, says Randy Johnston.