The GAO recommended that the Treasury Department's Financial Crimes Enforcement Network and the IRS should review registration requirements for the machines.

Accountants expect plenty of challenges over the next 12 months, but they're also making plans to move their firms forward.

Rapid acceleration of accounting and finance technology has redefined the status quo of both workflow and operations for financial professionals.

British researchers say they have developed an AI tool that calculates whether it would be worth it to bail out a failing bank.

Software developer Alyse Sue will help KPMG explore new business models based on cryptocurrency and metaverse tech. 

A recent report from the IESBA says that technology has created more opportunities for ethical dilemmas that highlight the importance of standards.

In this edition of The Frontier, Avalara's Kim Austin talks about the rise of e-invoicing in the U.S. and why it took a while to get there.

Technology is hugely increasing the sheer amount of knowledge required of a competent accountant — which was already vast to start with.

The inspector general said that the service needs to be more focused in its goals for improving taxpayer digital communication.

Plus, Bill completes its acquisition of Finmark; TaxFyle is named to Deloitte's Technology Fast 500; and other news in accounting technology.

Everyone seems to complain about spreadsheets and their limitations, but despite this, they remain ubiquitous in accounting. Why?

The spend management solutions company announced a solution built for accounting professionals.

The Top 10 Firm released its empower.x app, which helps facilitate organizational transformations.

Accounting solutions provider Xero has set its net-zero climate targets for Scope 1, 2 and 3 emissions.

An incorrectly formatted spreadsheet caused Iceland to price the sale of its Islandsbanki stake too cheaply earlier this year, an investigation by the National Audit Office has found.

"Everyone thinks accounting and auditing is boring — until something like this happens," said Global Digital Asset & Cryptocurrency Association CEO Gabriella Kusz.

The giant tax and accounting software provider has signed a formal agreement to acquire tax software solutions provider SurePrep.

In this edition of the Frontier, K2's Brian Tankersley warns that a Silicon Valley-style data sharing model may come to accounting.

While much of our focus is on accounting technology specifically, the profession can be affected by technology from anywhere, and likely will in the future.

The movement to convert documents to machine-readable data that computer applications like spreadsheets can use is not new.