Data and information management

Lawmakers are demanding answers about the sharing of taxpayer information with the Department of Homeland Security and Immigration and Customs Enforcement.

AI-guided impersonation attacks have become both more numerous and more sophisticated as the technology improves, and will likely not abate anytime soon.

The Treasury Department canceled $21 million in contracts, alleging the consulting firm failed to protect taxpayer data, including President Trump's tax returns.

The accounting profession is undergoing a dramatic transformation as artificial intelligence and intelligent process automation become central to daily operations.

When context is missing, accountants spend their time searching, validating and double-checking instead of analyzing and advising.

Cyberthieves use a variety of techniques, or attack vectors, to gain access to a firm's systems.

Sax LLP, a top 100 firm, concluded its investigation after a data breach in 2024 and determined that the personal data of as many as 220,000 people has been exposed.

The vast majority of finance leaders feel confident about the quality of their own data, but this might be an overconfidence as a majority still regularly find errors in their own data.

AI has made many people more efficient, productive and effective. While this includes professionals like accountants, it also includes scammers, fraudsters and cyber-criminals.

Business executives are most worried about the risks from cybersecurity and third parties, but see opportunities for growth in the next few years.

A recently released book explains a framework for improving a company's profitability.

Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.

While there are powerful technology solutions available to professionals today, especially AI-based ones, none will perform their best without strong data sources paired with a robust governance framework.

The One Big Beautiful Bill Act's presence, like it or not; return of beneficial ownership information; that familiar sense of dread; and other highlights from our favorite tax bloggers.

A well-structured written information security plan is essential for complying with federal and state regulations, maintaining client trust and upholding professional credibility.

Audit and GRC solutions provider AuditBoard announced the launch of Accelerate, its new AI solution designed for risk teams, as well as its acquisition of AI governance solutions provider Fairnow.

Wojeski & Co. has reached a $60,000 settlement with New York Attorney General Letitia James after it was hit by two data breaches and ransomware attacks.

Deloitte will partially refund the Australian government for an advisory report containing inaccuracies introduced by one of its AI models.

Why exfiltration prevention is now a compliance imperative for accounting firms

Accountants need to navigate the double-edged sword of artificial intelligence with smart payment platforms.