The Financial Accounting Foundation issued a warning Tuesday, saying that some of its constituents have been contacted by parties falsely claiming to be members of the Financial Accounting Standards Board staff and promoting the sale of Sarbanes-Oxley compliance materials.The foundation did not offer any further information, but did say that it had brought the matter to the attention of the Securities Exchange Commission, as well as law enforcement officials. The foundation also asked any constituents who believe they have been exposed to the scheme to contact their local authorities.
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Liz Mason, CEO of High Rock Accounting, said that if firms want to get the benefits of AI they need to understand the current risks in the broader ecosystems before choosing what AI tools to utilize.
2h ago -
Diya Jolly, chief product and technology officer with Xero, is not very worried about competition from vibe coders, as Xero is more than just its tools, and is also confident they can control AI token costs via optimization.
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As wealth tax proposals pop up around the country, advisors guide clients through assessing how these factors change the equation of financial planning.
August 24 -
Melio, which Xero bought last year, will expand into expense management and open up its payment API, allowing anyone to access its payment capacities. They are also testing a client admin AI.
August 24 -
Xero announced a wide variety of AI enhancements centered around its agentic system JAX.
August 24 -
Xero CEO Sukhinder Singh Cassidy, at the Xerocon event in Denver, announced new integrations with OpenAI, as well as deepened Microsoft integrations.
August 24


