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.
Wolters Kluwer launched a Regulatory Violations Intelligence Index tracking penalties against U.S. financial services institutions.
U.K.-based IRIS Software announced its acquisition of Swipeclock, the Utah-based maker of solutions WorkforceHub and ApplicantStack.
Plus, Sage launches two new integrated suites in U.K. and Canada; and other accounting technology updates.
A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.
The House passed a bill that would repeal the SEC's SAB 121, which requires custodians to list digital currency as a liability on their balance sheets. However the president said he'd veto the bill.
Accounting Today's annual selection highlights some of the most cutting-edge practices in the country.
Wolters Kluwer's tax, accounting and audit research solution now has generative AI capacities.
What exactly are accountants doing with artificial intelligence? Turns out, a lot.
Accounting firms that have embraced artificial intelligence are primarily using it to analyze documents, automate tasks and bolster client communication.
Due to a software glitch, some TurboTax customers were inappropriately encouraged to take deduction choices resulting in higher taxes.