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 firms can determine individual CPAs' practice privileges in different states under new mobility and substantial equivalency rules.
People want to use AI and other advanced tech more effectively, but they're too busy to learn how.
The competition involved 20 teams from colleges and universities all over the country, competing to develop an AI adoption plan.
Intuit has announced a multiyear partnership with OpenAI to develop branded finance apps that can be accessed directly within ChatGPT, a deal worth over $100 million.
Plus, Schellman becomes the first U.S.-based body for MTCS certification; Intuit launches partnerships with Cherry Bekaert, Rehmann; and other accounting tech news.
Accounting and other professional service firms are rushing to make sure that they will be mentioned in AI search results, with most planning to implement a strategy within the next six months.
Clients increasingly view the use of advanced technology as a differentiating factor when selecting their auditors, according to a new survey by BDO USA.
Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.
Small-business accounting platform Xero announced a 20% increase in operating revenue for the first half of its fiscal year, attributing it to a growing user base and higher average revenue per user.
Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.
While there are powerful technology solutions available to professionals today, especially AI-based ones, none will perform their best without strong data sources paired with a robust governance framework.
Compliance solutions provider Sovos announced expansions to its AI platform, including product tax code classifications for sales and use tax and data mapping.
Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution.
Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.
Intuit announced a host of new agentic AI features for both TurboTax and Credit Karma users.
Intuit is opening 20 brick and mortar TurboTax stores in major cities across the U.S. as well as 200 additional TurboTax Expert Offices for a total of 600 nationwide.
Thomson Reuters announced a host of new agentic AI enhancements to tax, audit and accounting workflows.
Avalara announced that its Avi AI, first launched as a chatbot, is now an AI agent that will orchestrate an entirely new network of other AI agents.
Sage has leaned even further into AI, announcing Sage Intacct Finance Intelligence Agent, the AI Developer Solutions ecosystem, and AI enhancements to Sage X3.
Plus, BillingPlatform launches AI monetization offering; Homebase announces payroll assistant; and other accounting tech news.