Chris Gaetano is the technology editor for Accounting Today. He brings with him more than a decade of experience covering the accounting profession as part of the NYSSCPA's Trusted Professional. Prior to that, he was a local news reporter at Greater Media Newspapers in New Jersey. He graduated from Rowan University, in Glassboro, NJ.
Plus, Oracle premieres Fusion Agentic Applications; Suralink launches Financial Statement Tie Out solution; and other accounting tech news and updates.
The Big Four Firm is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that audits will now use the technology in its firms worldwide.
Digits announced that accountants will only pay for clients if the Digits platform successfully automates 95% or more of transactions with zero human touch.
Artifact announced the launch of its new Omni agentic workflow solution meant to help firms orchestrate complex, multi-system and cross-platform work via describing the workflow in plain language.
Oracle expands NetSuite AI Connector Service; Digits launches mobile app; Daylit releases AI AR agent; and other news and updates from the accounting tech world.
Organizations seem to be going all in on AI, not only planning huge investments in it this year but making these investments central to their growth strategy, even amid other economic headwinds.
Basis announced the appointment of Kenji Kuramoto, founder of Acuity, which last year merged with 13 other firms to form Sorren, as its managing partner in residence.
While AI controls are important, organizations should not pursue one-size-fits-all blanket applications, especially when differentiating between matters of governance versus technology.
A recent report has found that the majority of cryptocurrency holders are aware transactions are taxable and want to comply, but struggle with actually doing so.
Plus, Dext launches Dext Assist AI; Acumatica announces Acumatica 2026 R1; and other news and updates from the accounting tech arena.
The AI-focused accounting automations solutions company released a new tax prep agent that it claims completes returns from start to finish in the manner of a human tax preparer.
Accordance launched its new Accordance for Academia program, which involves partnerships with universities to use AI to help train the next generation of CPAs.
A journalist with no coding or tax prep experience at all has created his own tax filing app but needs experts to stress test it since all the code was written by AI.
Software giant Microsoft sounded the alarm about the rise of several new phishing campaigns taking advantage of the tax season to steal credentials and plant malware, some of which target accountants specifically.
The number of accounting jobs that list AI skills in some form or another has jumped dramatically in the course of just one year, going from 18% to 30%.
Accounting Today has extended the deadline for submissions to our Best Firms for Tech list to April 3.
A majority of accounting firms say they are changing their messaging around pricing as clients increasingly question their cost models in the age of AI efficiencies.
CPAs dealing with the new 1099-DA rules this year are challenged by the fact that they only report gross proceeds this year, leaving them and their clients to calculate cost basis themselves.
Paul Griggs, CEO of PwC, said they plan to adjust billing model to factor in AI, potentially without even a human professional in the loop, and added that if any humans have a problem with it they have no place in this firm.
AI can now do most of the boring work, which raises the question of what the humans will be doing. According to vendors featured during the IMA's Technology Showcase, the answer is reviewing the work the AI does.