Emerging technologies are revolutionizing the group audit process with solutions to navigate the complexities and enhance audit quality.

Business solutions platform Xero announced it will acquire cloud-based reporting, insights analytics platform Syft.

The Treasury Inspector General for Tax Administration, in two reports, critiqued the IRS on cybersecurity for both its data warehouse and its cloud infrastructure.

The accounts are expected to grow by another trillion dollars over the next decade because of their tax and flexibility advantages, Daffy CEO Adam Nash said.

Wolters Kluwer announced major enhancements to CCH Axcess Audit, which works with numerous other modules in the suite to produce more detailed insights and workflow integration.

Plus, Gusto announces "Gus" AI; Boost launches cross-border payment solution; and other accounting tech news.

Gartner estimates that, by 2026, around 80% of independent software vendors will embed gen AI capabilities in enterprise applications, versus less than 1% in 2023.

Thomson Reuters unveiled its AI-powered Audit Intelligence suite, and its first solution, Audit Intelligence Analyze, to identify anomalies and generate documentation.

Oracle NetSuite announced major AI-related enhancements to numerous products across its product suite.

Tax targets; getting creative; one SALT workaround; and other highlights from our favorite tax bloggers.