Technology News from Accounting Today

Gen AI is now capable of producing fake documents realistic enough to fool automated systems, creating new opportunities for fraud and new challenges for those trying to prevent it.

Plus, Plaid introduces Transactions for Business solution; Xero partners with Tallyfor; and other accounting technology news and updates.

The cloud ERP provider has been acquired by a private equity firm that specializes in enterprise software, data and technology-enabled businesses.

Edward Kellman, CEO and chief design engineer of Trakker Apps, holds two U.S. patents for an innovative take on double-entry accounting.

The Big Four firm launched the Global Agentic Network, a connected ecosystem of AI agents for business purposes to augment and automate client operations.

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it carries out widespread layoffs.

With their critical eye and technical knowledge, accountants can interpret when a number doesn't match reality, anticipating failures before they become scandals.

This strategy allows firms to scale rapidly, control overhead, and expand their impact without increasing what they own.

Those are daunting pay gaps for most organizations, but accounting leaders have other levers they can pull in order to hire and retain talent.

Accounting Today has extended the submission deadline for our annual VAR 100 survey from May 23 to May 30, giving value added resellers an extra week to send their entries.

Plus, Rightworks rolls out three new cloud solutions; AI tax prep solution Filed publicly debuts; and other accounting tech news.

IT auditors who know a lot about AI can now show it through a new certification, as the ISACA now offers an AAIA, or "Advanced in AI Audit," credential.

Compliance professionals at Grant Thornton will be making use of the improved CompliAI platform, infused with generative AI to enhance service delivery.

Accountants can turn the audit playbook into an AI assurance framework that policymakers have been groping for.

Top 100 firm BMSS announced an investment in Knuula, an engagement letter and client documents software provider. The investment came after implementing Knuula themselves over the past year.

The Big Four firm added new agentic AI capacities, including a model that proactively identifies areas of value leakage and acts inside the tools to fix them.

While CPA firms far and wide have made major technology investments over the years, the vast majority of accountants say they're not being used to their full potential.

Despite security enhancements from Microsoft, CPA firms are likely to disable the controversial Recall feature in Windows 11, which uses AI to create a precise record of user activity.

Plus, OneStream announces new AI agents, other solutions; Suralink rolls out request-to-test solution; and other accounting tech news and updates.

What will be the role of the junior associate once AI takes over all the simple tasks that generate the experience needed for more complex ones?