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.
Accounting students can measure their AI acumen and knowledge against others like them in a contest that will be held by CPA education platform TrueUp.
Plus, Avalara joins U.N. committee on e-commerce and postal services; and other accounting tech news and updates.
The mass adoption of AI in the financial planning and analysis world has led to predictions that headcount will likely shrink over time because fewer people will be needed in the future.
The new Advanced in AI Security Management certification from ISACA is centered around implementing enterprise AI solutions while being able to manage risk.
Plus, BillingPlatform rolls out AI-powered RevenueIQ suite; AccountsIQ adds Non-Financial Metrics feature for AIQ3 platform; and other accounting tech news.
While more organizations are encouraging the use of AI, a recent survey found that even if it were banned at their workplace, many would still use it anyway.
The online payments solutions provider formerly known as AffiniPay has rebranded itself as 8am, meant to reflect the company's evolution into a unified business platform.
Caseware announced the appointment of a new chief revenue officer, Jason Rushforth, as well as a new chief financial officer, Chris Nagy, who will also serve as chief operating officer.
While the EU AI Act creates new obligations regarding AI, its more stringent mandates apply only to the minority of organizations involved with high-risk use cases.
Plus, Avalara announces Dallas, Atlanta tour dates; Thredd joins Mastercard Wholesale Program; and other accounting tech news.
Rightworks plans to expand in response to changing dynamics brought on in part by the growing influence of private equity.
Sovos announced plans to expand into the Asia-Pacific and Middle East regions, starting with the acquisition of India-based Tax Technology ASP business unit from India-based IRIS Business Services.
The rising adoption of AI at accounting firms has come with a growing need for open and transparent talks with clients about how the technology is used, and what measures are taken to address their concerns about it.
A third of accountants conceded in a survey they would not be able to recognize an AI-generated fake receipt if it came across their desk.
Plus, Stampli launches a solution for AP automation; PwC buys a fintech consultancy; and other accounting tech updates.
Bloomberg Tax and Accounting launched an embedded solution to help users adhere to the FASB Accounting Standards Update that concerns income tax disclosures.
The new Docyt High Precision Accounting Intelligence engine was built specifically to automate complex accounting workflows via a variety of AI agents.
An EY report notes there are over 1,000 AI-related regulatory frameworks worldwide, but overall they seem to be settling into three types.
Plus, Lili introduces credit program; Mastercard announces Commercial Direct Payments solution; and other accounting tech news.
Accounting firms are getting tired of switching between applications that don't integrate.