Three-quarters of business leaders expect increased return on investment for generative AI will increase in the next three years, according to a new KPMG survey.

Diya Jolly, Xero's chief product and technology officer, announced several new products and enhancements for bank reconciliations, payments, compliance and more.

CEO Sukhinder Singh Cassidy outlined her "Win On Purpose" strategy, which involves a focus on accounting, payments and payroll in the U.S., U.K. and Australian markets.

Advent International, a global private equity investment firm, has acquired a majority stake in Syspro, a provider of ERP systems.

A new template for a 'Written Information Security Plan' is available for practitioners to meet their mandate.

The Treasury Inspector General for Tax Administration said the IRS lacks concrete plans for retiring and replacing legacy IT systems.

Accountants are generally pessimistic about the economy as a whole, but feel much more confident when it comes to their own firm and clients.

Financial Cents, which makes practice management software for accountants, announced a new $9 a month plan for solo practitioners.

The proposal, under the Financial Data and Transparency Act of 2022, will make financial data more accessible, uniform and useful to the public.