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 and vendors alike have stressed the importance of having a "human in the loop" to oversee AI. Just who are these humans and what do they do?
AuditBoard has released an out-of-the-box assessment tool feature for internal auditors to assess conformance with new IIA global standards.
Wolters Kluwer announced CCH Tagetik Tax Provision & Reporting, a solution offering data collection and group tax provision calculations for multinationals.
Plus, Biller Genie launches QuickBooks Desktop integration, PayPal integration; and other accounting technology news.
The lease accounting solutions provider is the company's third acquisition this year.
The laid-off workers will be replaced by specialists in engineering, product, and customer-facing roles as part of Intuit's larger AI plans.
The head of the Internal Revenue Service's Direct File program cites careful scoping and a blended team of government and private sector for making it work.
The firms in this year's VAR 100 see clients focusing ever-more strongly on the cloud — even as they suffer from 'change fatigue.'
Accounting Today's annual ranking of the brightest lights in reseller accounting software.
A recent poll found professionals predict that as AI makes jobs more efficient, firms will move away from the billable hour model in favor of value pricing.
Plus, io.finnet launches virtual signer feature for enhanced digital asset operations; Caseware to hold webcast on AI audits; and other accounting tech news.
Plus, Solix Technologies touts enterprise-grade document management on a budget; and other accounting technology news.
The FASB voted to propose a new ASU that would, among other things, remove the distinction between linear and nonlinear development methods.
Pretty much every accountant has used AI in one form or another, with the most common use case being data entry and processing, according to a poll from Intuit QuickBooks.
A coalition of accounting educators and tech leaders released a generative AI governance framework as a starting point for organizations.
After 500 internal penetration tests conducted from 2021-2023, RSM professionals found only 1.6% of organizations had no vulnerabilities at all. Most had around eight.
The Federal Accounting Standards Advisory Board says that, for federal government accounting purposes, seized digital assets aren't monetary unless they come from a central bank.
Plus, TaxDome adds AI reporting feature; Protiviti uses new "ProtivitiGPT" to enhance internal ops; and other accounting tech news.
A panelist during the Scaling New Heights conference in Orlando said that private equity firms are looking for firms with good revenue, but numbers alone don't tell the whole story.
The current wave of M&A activity is driven at least in part by the need for firms to build out their CAS practices quickly, said Joe Woodard at Scaling New Heights