Data and information management

While almost everyone is talking the talk on AI governance and control, recent data suggests far fewer are walking the walk, to the detriment of organizations.

The Internal Revenue Service's effort to reduce the amount of paper it deals with may be exposing taxpayer data to unwanted security vulnerabilities.

If things continue at this pace, it won't be surprising if CPA firms have a 40-to-one agent-to-human ratio in the near future and need a new operating model.

AI technology is new, so it feels like it should demand a new kind of governance. It doesn't. The profession already has the answer inhouse.

AI severs confidence from correctness. Finding the areas that require scrutiny is much harder precisely because the output looks excellent everywhere.

Tax amnesty programs; protecting your practice; unidentified tax payments; and other highlights from our favorite tax bloggers.

The traditional spreadsheet model of financial planning is officially broken. It did not break quietly, and it was not broken by a single event.

The Treasury Inspector General for Tax Administration report highlighted a practice that contributed to the departures of high-ranking IRS officials.

The Internal Revenue Service is restructuring the framework of its Security Summit public-private partnership to fend off tax-related identity theft.

Oh snap; blood-testing lab; warning letters; and other highlights of recent tax cases.

Between the current state of cybersecurity challenges and a growing number of AI threats, accounting firms are transitioning to SOC as a Service.

While leaders express confidence in their own data to fuel their AI initiatives, they have also experienced material financial losses due to poor data governance, but this has not blunted efforts to implement AI.

Critical cautionary tale; reactive to proactive; consumption taxes; and other highlights from our favorite tax bloggers.

The Internal Revenue Service has improved its ability to flag returns for signs of identity theft, adjusting its filters to reduce false positives and spot fraud.

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

For firms that have thought seriously about AI, there is a single animating principle behind their oversight: the human is in control.

The PCAOB found that audit committee chairs are increasingly turning to their auditors to understand AI's impacts on a company's financial reporting and controls.

Fraudsters have been active again this tax season, but the increasing power of artificial intelligence is helping supercharge the danger of tax scams.

Software giant Microsoft sounded the alarm about the rise of several new phishing campaigns taking advantage of the tax season to steal credentials and plant malware, some of which target accountants specifically.

Datarails, an FP&A solutions provider, declared FP&A software is dead and AI killed it, pairing this assessment with a new AI-driven platform.