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.
The Top 10 Firm is expanding its AI strategy and offerings over the next three years, particularly where it concerns semi-autonomous agents.
Accounting solutions platform Sage's products will have a new "AI Trust Label" to provide customers information on how AI functions across its product line.
Plus, Paychex releases accountant portal; Avalara launches APIs for 1099, W-9 solutions; and other accounting tech news.
The IRS has released the vast majority of the code used to develop its Direct File program, theoretically allowing anyone to build their own versions.
Big Four firm PwC announced it can now provide assurance on AI systems to see if they've been designed and operated responsibly.
Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI "Audit Testing Agent" to automatically execute the testing workflow.
Tax and accounting software giant Intuit reported strong third quarter growth, with the company reporting total revenue of $7.8 billion, an increase of 15%.
CoCounsel for tax, audit and accounting professionals marks Thomson Reuters' entry into the agentic AI arena.
Gen AI is now capable of producing fake documents realistic enough to fool automated systems, creating new opportunities for fraud and new challenges for those trying to prevent it.
Plus, Plaid introduces Transactions for Business solution; Xero partners with Tallyfor; and other accounting technology news and updates.
The cloud ERP provider has been acquired by a private equity firm that specializes in enterprise software, data and technology-enabled businesses.
The Big Four firm launched the Global Agentic Network, a connected ecosystem of AI agents for business purposes to augment and automate client operations.
Plus, Rightworks rolls out three new cloud solutions; AI tax prep solution Filed publicly debuts; and other accounting tech news.
Accounting Today has extended the submission deadline for our annual VAR 100 survey from May 23 to May 30, giving value added resellers an extra week to send their entries.
IT auditors who know a lot about AI can now show it through a new certification, as the ISACA now offers an AAIA, or "Advanced in AI Audit," credential.
Compliance professionals at Grant Thornton will be making use of the improved CompliAI platform, infused with generative AI to enhance service delivery.
Top 100 firm BMSS announced an investment in Knuula, an engagement letter and client documents software provider. The investment came after implementing Knuula themselves over the past year.
The Big Four firm added new agentic AI capacities, including a model that proactively identifies areas of value leakage and acts inside the tools to fix them.
While CPA firms far and wide have made major technology investments over the years, the vast majority of accountants say they're not being used to their full potential.
Despite security enhancements from Microsoft, CPA firms are likely to disable the controversial Recall feature in Windows 11, which uses AI to create a precise record of user activity.