Will the profession wait for the AI equivalent of 1929 before applying what it already knows? The answer begins with examining what the current AI assurance landscape provides and what it does not.

Technology is not replacing accountants. But it is changing what accounting work involves, and the change is further along than most realize.

Plus, Xero announces XeroForce custom AI agent builder; Emburse releases new AI purchasing agent; and other news and updates from the accounting tech world.

Public accounting firms are having their own awkward conversation between the firm they built and the firm they now need to become.

Executives from the Top 100 Firms and Regional Leaders share their approaches on adopting and implementing artificial intelligence.

The American Institute of CPAs approved a standards update to modernize how CPAs get audit evidence via external confirmation procedures.

Intuit announced new features and enhancements for its Intuit Enterprise Suite platform for mid-market businesses with more complex needs.

The Senate Banking Committee advanced a landmark digital asset market structure bill after months of negotiations, signaling fresh momentum for the measure.

The administrative approach to R&D credits needs to shift away from the current once-a-year scramble within companies.

The industry framing of "what can AI do?" is mismatched with how AI is deployed today, and the conclusions can leave firms a tax season behind their peers.

Wolters Kluwer announced that CCH Axcess Advisor, which entered limited release late last year, is now generally available for firms.

Accounting Today is now accepting submissions for its annual list of the top value-added resellers in the accounting space. Our deadline is end-of-day June 2.

Instead of worrying about future hiring needs, it's time for firm leaders to fully understand the major drivers smoothing out the talent crunch.

Top 10 Firm Grant Thornton announced the launch of gtap, a proprietary audit infrastructure intended to redefine how the firm performs audits.

When a CPA signs off on a work product that an AI system helped produce, what is the independent verification standard that certifies the system producing that work is actually reliable? There isn't one.

Intuit has expanded further into payroll, time tracking, benefits, onboarding and other human capital needs through its new solution, QuickBooks Workforce.

Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.

Rod Drury, the founder of ASX-listed accounting software firm Xero, has handed back the New Zealander of the Year prize he won just weeks ago.

Clients are beginning to assume that if technology can forecast trends, flag anomalies and surface insights instantly, then their accountant should be doing the same.