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.
We've heard it many times over the last few years: machines will not—cannot—replace human accountants. Today's technology is not sufficient to create the apocalypse scenario many dread, but what about tomorrow's?
The rise of AI has led to firms spending less on people and more on tech, a trend that our AI experts believe is likely to continue into 2026, according to answers to our annual AI Thought Leaders survey.
Sax LLP, a top 100 firm, concluded its investigation after a data breach in 2024 and determined that the personal data of as many as 220,000 people has been exposed.
Those with AI skills are said to make more, but how much more? Also, how have our actual experts been using AI in their own lives? We find out in this second part of our look at the AI Thought Leaders Survey.
In this first installment in a multipart series from our annual AI Thought Leaders survey, we asked our experts which processes will likely be automated by AI this year and which will remain in human hands.
Accounting software company Halfpricesoft unveiled its ez1099 2025 solution for the preparation, printing and e-filing of essential IRS forms for businesses and tax professionals.
Despite certain pronouncements otherwise, rumors of email's demise have been gravely exaggerated, as recent data shows it's not only still around, it's ubiquitous.
The vast majority of finance leaders feel confident about the quality of their own data, but this might be an overconfidence as a majority still regularly find errors in their own data.
Plus, AvidXChange touts "Accounts Payable as a Service"; BillingPlatform announces features for insights, visualizations, API; and other accounting tech news.
Networth2B, a small business accounting solutions provider specializing in local apps that stay on the user's device, announced the addition of new billing features for professional services providers.
Zoho has bolstered its spend control and billing capacities with the release of two new products, in addition to new AI features.
Wolters Kluwer announced plans to launch a new platform specifically for accounting firms transitioning from compliance-based work to an advisory-first model.
AI has made many people more efficient, productive and effective. While this includes professionals like accountants, it also includes scammers, fraudsters and cyber-criminals.
Xero plans to shift third party app developers from a revenue share commercial model to a new tiered-pricing structure based on API usage and connections.
A significant proportion of firms have yet to implement new audit technologies and methods, citing poor training, lack of quality data, lack of systems access and lack of funds as the primary reasons.
Plus, Ramp touts 1099 solution; Certinia's winter release includes automation, insights, operations; and other accounting tech news and updates.
Accounting Today has issued a call for submissions for its 2026 Top New Products report.
Blindly accepting AI outputs, setting poor AI controls, failing to update processes when software changes: many AI problems unfortunately begin with the human, but it is also humans that can prevent them.
Plus, Karbon launches smart tax organizers and binders with Stanford Tax; and other accounting tech news and updates.
Plus, enhancements for TaxWiseOnline; EY announces EY.ai Tax Labs service; Vertex launches Configuration Agent for MS Dynamics 365; and other accounting tech news and updates.