Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning

SAP announced improvements to its spend management and business network solutions, not least of which is the embedding of a generative AI assistant.

Plus LiveFlow raises $13.5 million to modernize accounting, a host of developments in AI, and other technology stories you may have missed in the last month.

While other industries rapidly adopt data-driven solutions like artificial intelligence (AI), many CPA firms still rely on spreadsheets and processes that merely digitize the traditional paper-based approach.

The National Association of Tax Professionals criticized an ad promoting Intuit's TurboTax full-service option, saying it encouraged taxpayers to leave their professional preparers.

If you don't report, you can't measure what was successful, and — equally as important — what wasn't.

The payroll and HR services giant has acquired global enterprise-focused workforce management solution provider WorkForce Software, based in Michigan.

The Top 25 Firm has acquired the Georgia-based Microsoft reseller, as well as an affiliated software developer.

Once AI handles all the boring and unpleasant tasks for accountants, what boring and unpleasant tasks will replace them?

Plus, Paystand enhances support for Microsoft Dynamics; and other accounting tech updates.

New technology has a habit of fixing old problems but creating new ones in their place, and AI is unlikely to be an exception.

A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

Confidence in generative AI has soared among financial operations and tax professionals in just one year.

A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.

Companies increasingly expect their audit firms to leverage artificial intelligence to aid the audit process, according to a new survey from BDO.

Communications between you and your clients can contain sensitive information that neither of you would want distributed to others.

Bloomberg Tax and Accounting has launched its Innovation Studio, which offers select customers access to solutions still in development, and its first offering is a new AI Assistant feature.

Plus, Sovos launches Indirect Tax Suite for SAP; Avalara launches AI-based tariff classification code solution; and other accounting tech news.

Accounting solutions provider FreshBooks will be laying off roughly 20% of its staff across all teams, and at all levels around the world.