Technology

The acting chair of the Public Company Accounting Oversight Board outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.

Plus, the end of Windows 10, and Xero's big buy, and seven other developments in accounting technology you may have missed.

Compliance solutions provider Sovos announced expansions to its AI platform, including product tax code classifications for sales and use tax and data mapping.

Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution.

Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.

Several investors in the accounting software provider are pushing the company to explore a potential sale following reported takeover interest by SAP.

The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that offered it this year.

The One Big Beautiful Bill Act's presence, like it or not; return of beneficial ownership information; that familiar sense of dread; and other highlights from our favorite tax bloggers.

Thomson Reuters announced a host of new agentic AI enhancements to tax, audit and accounting workflows.

Beyond just retrospective accuracy, clients now expect forward-looking insight, real-time responsiveness and strategic foresight.