Accounting software

The accounting software, Horizon, had issues such as a loss of data, which meant payments and receipts didn't balance.

Glitches in the Japanese technology titan's Horizon software led to hundreds of local U.K. sub-postmasters being wrongly convicted of theft and false accounting.

Hundreds of sub-postmasters in the U.K. were wrongfully prosecuted for theft and false accounting after computer glitches led to shortfalls in their accounts.

Plus, more 'best of' lists, talking to ChatGPT, and other things that happened in technology this past month.

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.

Technology developers who serve the accounting profession share the developments they have planned for 2024.

Iris supplies software for the U.K. accounting, payroll, human resources and education sectors.

Plus, questions about ChatGPT's accounting credentials, the best laptops of 2023, and other major developments from the past month.

ERP systems need to be constantly reassessed as business needs shift and new priorities arise.