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.
Though the SEC has yet to issue regulations specific to AI, that doesn't mean companies are off the hook when it comes to disclosures.
As AI works its way into more and more business processes, it has become increasingly important for auditors to understand where, why, when and how organizations use it and what impact it is having.
Big Four firm EY announced a collection of new AI solutions to enhance the work of its assurance professionals, as part of its $1 billion investment in AI.
Deloitte, PwC, KPMG and business software provider Intuit, each announced separate deals with Google to access its cloud infrastructure and AI capacities.
Acting IRS commissioner Melanie Krause reportedly intends to resign after a deal with the Department of Homeland Security to use IRS data for immigration enforcement.
Elon Musk's Department of Government Efficiency reportedly plans to centralize all IRS data around a single portal and will begin efforts next week with a "hackathon."
Plus, Solver releases xFP&A Nonprofit Industry Solution Models; CPAClub launches "Club 22" professional network; and other accounting tech news.
Due to greater-than-expected interest, Accounting Today has moved the submission deadline for its 2025 Best Firms for Technology survey from today to Friday, April 11.
Spend management solutions provider Ramp released a new solution in response to recent advances in AI image generation making it easy to create convincing fake receipts, a major fraud risk.
Intuit announced improvements to its Intuit Enterprise Suite product centered around workflow automation and data analytics and payroll.
