Gen AI is now capable of producing fake documents realistic enough to fool automated systems, creating new opportunities for fraud and new challenges for those trying to prevent it.

Plus, Plaid introduces Transactions for Business solution; Xero partners with Tallyfor; and other accounting technology news and updates.

The cloud ERP provider has been acquired by a private equity firm that specializes in enterprise software, data and technology-enabled businesses.

Edward Kellman, CEO and chief design engineer of Trakker Apps, holds two U.S. patents for an innovative take on double-entry accounting.

The Big Four firm launched the Global Agentic Network, a connected ecosystem of AI agents for business purposes to augment and automate client operations.

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it carries out widespread layoffs.

With their critical eye and technical knowledge, accountants can interpret when a number doesn't match reality, anticipating failures before they become scandals.

The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.

This strategy allows firms to scale rapidly, control overhead, and expand their impact without increasing what they own.