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.
A recent survey of accountants shows professionals admitting to mistakes at a rate between several per week to several per month.
Plus, LeaseCrunch offers webinar on ASC 842 basics; and other accounting technology news.
A recent survey from Ernst and Young has found that people are both excited and fearful of AI in roughly equal measure.
Generative AI, which is already playing an outsized role in fraud, is also expected to play an equally large role in efforts to fight fraud.
In this month's Cybersecurity for CPAs, a firm takes steps to make sure people still follow the safety rules they instituted during work for home.
Tax software provider Vertex found a strong majority of companies have made material mistakes on indirect tax compliance, as few identify as risk averse.
Plus, Schneider Downs launches SD Digital group; and other updates from the accounting technology world.
Intuit QuickBooks has introduced split billing for 1099s, which allows e-filing costs for 1099s to be split between accountants and their clients.
People shelled out over $1 billion in ransomware payments last year.
The smallest accounting firms are anticipated to be the biggest spenders in technology over the coming years, according to a recent survey from Caseware.
Costs to access and connect with certain cloud-based solutions have been increasing, leading to higher technology costs for accounting firms.
A recent survey of mostly smaller practitioners has found that spreadsheets remain the No. 1 way they manage their workflows.
The proportion of accounting firms offering "no touch" tax prep is projected to increase 37% in the next one to three years.
This year's roster of great new tools for accountants is heavily inflected with AI.
Plus, H&R Block releases Direct Import to move data from TurboTax; and other accounting technology news.
Tax solutions provider Avalara announced updates to its partner program.
ADP announced the launch of ADP Assist, a generative AI assistant.
Republican attorneys general from 13 states have signed a letter denouncing the IRS pilot of a Direct File system, calling efforts unconstitutional.
Top 25 firm Armanino released Audit Ally, a SOC 2 examination tool.
A recent survey has found that, despite an increasingly data-driven business world, 42% of finance leaders don't completely trust data from their own organizations.