Machine learning

Though in the early days of application, artificial intelligence is already having a major impact in protecting businesses, according to Paul Zikmund, a director at Baker Tilly and a professor of accounting at Rider University's Master of Accountancy program.

Despite advances in technology, too many companies are still wasting time and money with manual bill pay and paper checks. Accounting firms are in a unique position to help these companies.

The perpetually discussed technology has been promised to solve just about every problem facing modern man, from eliminating traffic to curing diseases.

Judgment is the critical differentiator for the profession going forward.

Finance Close Automation makes use of machine learning to predict where problems during the close may occur.

Every accountant can now benefit from AI in their practice — even those who don’t know the first thing about software engineering, data science or Python code.

For students aspiring toward a career in the audit and assurance profession, embracing electives that could stand out on their resumes, in addition to completing core coursework, can help set them apart.

The solution is part of the firm's 'Tax in 2020' strategy to transform tax digitally for it global clients.

Despite unprecedented advances in workplace technology, many accounting and finance professionals continue to struggle with highly manual and inefficient month-end close processes.

Accountants will benefit from this cutting-edge technology that is already being deployed on multiple fronts in the industry, and the number of applications will only increase.

Grant Halloran takes over from Dave Kellogg, who stepped down earlier this year when Host Analytics was acquired by Vector Capital.

B/2BNow automates data migration, including from paper to software, and uses machine learning for automated mapping and integration configuration.

Thirteen percent of organizations currently use AI or machine learning to combat fraud, and 25 percent expect to adopt such technology in the next year or two.

Thomson Reuters has radically revamped its mainstay tax research product, Checkpoint, with artificial intelligence.

Finance professionals are concerned about change and uncertainty, but standing still is not an option.

Firms are invited to participate as mentors to student inventors.

While it’s become hard to separate the hype from its practical potential, AI is rooted in a very realistic notion.

Chicago-based firm Grant Thornton LLP has introduced a new product, LeaseCom Analytics, which uses analytics and machine-learning capabilities to automatically provide a full picture of a company’s lease portfolio.

Expect more automation and AI, and less need for human interaction.

Dag Kittlaus tells Digital CPAs they must develop these competencies.