CFOs are pushing aggressively to digitize finance, but finding talent shortages and skill deficits — not technology — are now the biggest barriers to progress.

While leaders express confidence in their own data to fuel their AI initiatives, they have also experienced material financial losses due to poor data governance, but this has not blunted efforts to implement AI.

A new ACCA survey finds that accountants and financial professionals are interested in engaging in environmental and social issues.

The new agent-based AI-based tax platform focuses on automating business tax workflow and debuts after about half a year in early access.

AI governance is awaiting its Ferdinand Pecora, counsel to the Senate Banking Committee in the 1930s, who built the evidentiary foundation for every protector system that followed.

Plus, Paychex announces WISE AI Platform; KPMG creates chief product officer role; and other accounting tech updates.

Many organizations are trying to scale automation on top of processes that were never designed for consistency or repeatability.

PwC, EY, KPMG and Deloitte have cut support staff in the last 12 months or so, along with Grant Thornton and law firms Baker McKenzie and Clifford Chance.

The alliance with Anthropic will embed Claude Cowork into KPMG's global client delivery platform, beginning with tax and legal clients.

Intuit chairman and CEO Sasan Goodarzi announced the layoffs in a company-wide message.

Early next year, Intuit's ProAdvisor Program will be replaced with a new Intuit ProPartner Accountants program, integrated with Intuit Accountant Suite.

Audit solutions provider Caseware launched an intelligence and orchestration layer operating across the engagement lifecycle.

Critical cautionary tale; reactive to proactive; consumption taxes; and other highlights from our favorite tax bloggers.

The Institute of Management Accountants announced the availability of its new AI in Finance Micro-credential as part of a larger rollout of similar credentials for specialized finance and accounting competencies.

As affordable accounting services become the new standard, the key to thriving will be brand affinity, loyalty and admiration, starting with client experience.

The Top 25 Firm is deepening its investment in an AI-driven accounting workflow platform, which includes a multiyear relationship to build AI audit solutions.

The Internal Revenue Service has improved its ability to flag returns for signs of identity theft, adjusting its filters to reduce false positives and spot fraud.

Employees were asked to offer up their own tax returns as training data for the company's Grok chatbot, promising a $420 payment as incentive for doing so. Two months later, those payments still haven't materialized.

The discourse surrounding the future of accounting has largely centered on automation, AI and digital transformation. Yet many firms face a more immediate issue.