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.
It's not all about AI. Solutions providers also stressed the need to keep up with regulations, evaluate tech stacks, and embrace innovation, among other things.
When asked what advice they had for accountants in 2024, there is one thing that company after company suggested: learn AI.
We've asked a lot of humans what they think of AI. What do the AIs say?
Recent data has found that accountants complete the most tasks on Tuesday, and the least on Friday.
Technology developers who serve the accounting profession share the developments they have planned for 2024.
What does the future hold for AI and accounting? While predictions over the long term are dicey, Accounting Today asked AI experts what people may see in the short term.
Plus, Expensify adds budgeting capabilities; Corvee to hold AI bootcamp; and other news from the accounting tech world.
The IRS is forming a centralized oversight strategy for digital assets, but implementing it has been frustrated by delays in the regulatory approval process.
A recent survey has found that, aided by automation, the month-end close takes less than a week for the majority of organizations, and for many it's only one to two days.
The Big Four firm shared its outlook on generative AI in the coming years, saying accountants should prepare for major changes or else be outcompeted.