Regardless of how a firm ultimately implements artificial intelligence, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.

Speakers at Woodard's Scaling New Heights conference in Orlando noted that while AI certainly can be complicated, even simple applications can have impressive results.

Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.

Cloud accounting platform Xero announced it will acquire payments solution provider Melio.

Top 100 Firm Prager Metis CPAs partnered with Kearns Technology Inc. to launch a digital solutions company called PM IT Services.

While much attention has been paid to artificial intelligence in audit, bookkeeping and reporting, one of the most overlooked opportunities lies in tax credits and incentives.

Silicon Valley leaders are throwing their weight behind the tech industry's drive to use Trump's tax bill to sweep away state regulations on artificial intelligence.

Here are the most important lessons about integrating artificial intelligence into accounting education.

The industry is awaiting SEC approval for dozens of applications, even as Vanguard's shareholder case highlights some of the tax complexity of the looming shift.

As machines become more capable, it's becoming widely accepted that many roles will at least be augmented by AI.

The money represents new capital, and this initiative will run parallel to Crete's ongoing acquisition efforts.

Plus, Foxit adds 40 integrations for document management; Deloitte and SailPoint expand collaboration on identity management; and other tech news.

Our profession truly seems to have gone from famine to feast in an accelerated timeframe, but this new abundance also requires a very different game plan to win.

Big Four firm KPMG announced the launch of its new multi-agent AI platform, Workbench, which will serve as a foundational and single AI platform.

Payments platform Tipalti announced it has acquired Statement, an AI-powered treasury automation solution.

In the age of AI, the professionals who will excel are those who invest as much in empathy, communication and critical thinking as they do in technical skills.

How do accounting firms pivot toward stability and year-round growth? It starts with three key elements.

RSM announced the launch of myRSM Tax, a suite of proprietary platforms that work together using AI to reduce manual processes, accelerate insight generation and ensure transparency.

Document security in accounting encompasses protocols for safeguarding records against unauthorized access, data breaches and loss.