KPMG launched its new "AI Impact Initiative," which will focus on helping nonprofits implement AI as well as provide AI training and education for the "workforce of the future."

The amount of time that identity theft victims have to wait for tax refunds has increased as the Internal Revenue Service has shifted priorities, with some waiting nearly two years.

The deadline for Accounting Today's 2024 VAR 100 survey has been extended to Wednesday, June 12.

Plus, Vertex consolidates Accelerator and Chain Flow Accelerator into single solution; and other accounting tech news.

A recent survey from Thomson Reuters said auditors find new technology that assists during the execution/fieldwork phase of an engagement to be most useful.

The practice aid provides information on auditing the valuation of cryptoassets and audit procedures surrounding their existence, rights and obligations.

It's time finance and accounting leaders seriously considered automating AP functions and marking its place as a standard business practice.

The Internal Revenue Service is turning to artificial intelligence to help select tax returns to audit and narrow the tax gap, but it needs to use this new technology consistently and transparently, according to a new government report.

The White House has vetoed a bill that would have repealed a measure requiring custodians of crypto assets to count them as liabilities on their balance sheets.

The Internal Revenue Service's plans to expand the Direct File free tax program nationwide next year could meet an early demise if Republicans gain control of Congress and the White House next year.

ChatGPT accurately predicted earnings directions 60% of the time versus 52.71% for human analysts.

Fieldguide announced the release of Fieldguide for Financial Audit.

Making the most of artificial intelligence requires leadership, project management and process management.

Test your accounting knowledge on Gen Z employees, big four AI partnerships, and more. No. 2 pencil not required!

An international coalition of tax authorities has released a list of possible risk indicators for cryptocurrency-related crimes, many of which have to do with privacy and anonymity.

Plus, Wolters Kluwer launches solution for shortened securities settlement cycle; and other accounting technology news.

As e-commerce continues to reshape business, accounting firms and bookkeepers must understand how these platforms control the movement of funds.

As we wrap up another busy tax season, this is the ideal time to evaluate your infrastructure strategy and performance.

The Internal Revenue Service intends to expand the number of states and tax situations in which the free Direct File system will be available.

Given the financial and reputational repercussions, accounting firms must look for advanced solutions to stay ahead of cybercriminals. One is opting for managed security services.