Technology

Wolters Kluwer announced plans to launch a new platform specifically for accounting firms transitioning from compliance-based work to an advisory-first model.

AI should enhance human potential, not replace it. For finance teams, this means a new era of confident decision-making, deeper insights and strategic leadership.

AI has made many people more efficient, productive and effective. While this includes professionals like accountants, it also includes scammers, fraudsters and cyber-criminals.

Xero plans to shift third party app developers from a revenue share commercial model to a new tiered-pricing structure based on API usage and connections.

A significant proportion of firms have yet to implement new audit technologies and methods, citing poor training, lack of quality data, lack of systems access and lack of funds as the primary reasons.

Plus, Ramp touts 1099 solution; Certinia's winter release includes automation, insights, operations; and other accounting tech news and updates.

Accountants need to invest in technological change that will attract the next generation of accounting talent and reshape the economics of the field.

Accounting's most influential name the profession's biggest issues.

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What is the most important issue currently facing the accounting profession?"

Business executives are most worried about the risks from cybersecurity and third parties, but see opportunities for growth in the next few years.