Employees were asked to offer up their own tax returns as training data for the company's Grok chatbot, promising a $420 payment as incentive for doing so. Two months later, those payments still haven't materialized.

The discourse surrounding the future of accounting has largely centered on automation, AI and digital transformation. Yet many firms face a more immediate issue.

Will the profession wait for the AI equivalent of 1929 before applying what it already knows? The answer begins with examining what the current AI assurance landscape provides and what it does not.

Technology is not replacing accountants. But it is changing what accounting work involves, and the change is further along than most realize.

Plus, Xero announces XeroForce custom AI agent builder; Emburse releases new AI purchasing agent; and other news and updates from the accounting tech world.

Executives from the Top 100 Firms and Regional Leaders share their approaches on adopting and implementing artificial intelligence.

Intuit announced new features and enhancements for its Intuit Enterprise Suite platform for mid-market businesses with more complex needs.

The administrative approach to R&D credits needs to shift away from the current once-a-year scramble within companies.

The industry framing of "what can AI do?" is mismatched with how AI is deployed today, and the conclusions can leave firms a tax season behind their peers.

Wolters Kluwer announced that CCH Axcess Advisor, which entered limited release late last year, is now generally available for firms.

Instead of worrying about future hiring needs, it's time for firm leaders to fully understand the major drivers smoothing out the talent crunch.

Top 10 Firm Grant Thornton announced the launch of gtap, a proprietary audit infrastructure intended to redefine how the firm performs audits.

When a CPA signs off on a work product that an AI system helped produce, what is the independent verification standard that certifies the system producing that work is actually reliable? There isn't one.

Intuit has expanded further into payroll, time tracking, benefits, onboarding and other human capital needs through its new solution, QuickBooks Workforce.

Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.

Clients are beginning to assume that if technology can forecast trends, flag anomalies and surface insights instantly, then their accountant should be doing the same.

Accounting ERP provider Sage announced a wide variety of new offerings and enhancements for both general business customers as well as the CPAs that serve them.

To begin your AI journey, here is a four-step plan that firms can use to transition from experimentation to execution, in a safe, practical manner.

From doer to reviewer, the future of accounting isn't about knowing the answer. It's about knowing when the answer might be wrong.