Both Big Four firms announced significant upgrades to its AI capacities for audit and assurance work.

A cohort of accounting firms is pioneering ways for the rest of the profession to successfully leverage the latest tools and technologies.

In this first installment of The Fundamentals, we asked firm leaders and tech experts the basics of selecting a practice management system.

Plus, Lettuce launches AI-powered tax tool for sole proprietors; Lili touts "Accountant AI" bot; and other accounting technology news and updates.

Test your accounting knowledge on bad social media advice, AI adoption, and more. No. 2 pencil not required!

Partly in response to the talent crunch, CFOs are reaching for digital platforms to automate, streamline and spare the highest-value talent for highest-value work.

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

Wolters Kluwer launched a Regulatory Violations Intelligence Index tracking penalties against U.S. financial services institutions.

U.K.-based IRIS Software announced its acquisition of Swipeclock, the Utah-based maker of solutions WorkforceHub and ApplicantStack.

Old IRS tech; lead, don't manage; an MP want-ad; and other highlights from our favorite tax bloggers.

The convergence of machine learning, generative AI and autonomous sourcing gives organizations the ability to realize most of the ZBB ideal.

KKR is in talks for a new loan for MYOB, an Australian accounting software firm that the private equity giant acquired in 2019, people familiar with the matter said.

To maintain steady organic growth and decrease time to value, financial leaders must implement effective response strategies.

Plus, Sage launches two new integrated suites in U.K. and Canada; and other accounting technology updates.

The extent of how many taxpayers were affected by the breach was unknown until now.

A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.

The first step in identifying invoice fraud and stopping it is knowing what you're looking for.

The House passed a bill that would repeal the SEC's SAB 121, which requires custodians to list digital currency as a liability on their balance sheets. However the president said he'd veto the bill.

CliftonLarsonAllen, a Top 10 Firm, has acquired Engine B, a London-based company that helps accounting firms get more insights from client data.