Accounting stories

KPMG, Workday and Google Cloud unveil AI digital assistant to speed month-end finance close, automate routine checks and preserve human sign-off.

SoloTruth and Axon Ivy roll out an asset management platform that uses RFID, GPS and inspections to curb ghost assets and errors.

AI adoption among small business leaders is delivering measurable time savings, with Tech.co finding one in five save six to 10 hours a week.

EY embeds agentic AI into Canvas audit workflows worldwide, aiming to cut admin, sharpen risk checks and keep human judgement in the loop.

Trintech expands embedded AI across close processes with Beacon assistant, aiming to speed journal entries, matching and risk checks.

Felix lands USD $1.7 million to scale AI workflows for legal and finance teams, targeting consistency and audit trails over ad hoc prompts.

Cisco adds Deloitte veteran Pete Shimer to board, strengthening audit oversight as the networking giant pushes into AI-driven infrastructure.

AI agents prompt accounting firms to redesign bookkeeping and tax workflows as junior staff tasks are automated and human oversight stays central.

Ramp expands Visa tie-up as the payments giant becomes a customer, after 133% enterprise growth and a wider rollout across 50,000 users.

Data analysis and AI literacy emerge as the most sought-after skills as Caseware study finds many accountancy firms unprepared for AI retraining.

Dext adds time-tracking insight to help accountants and bookkeepers spot workload bottlenecks and client-heavy periods on its Advanced plan.

Tether hires a Big Four auditor for its first full independent review of USD₮, backing more than USD $184 billion of the leading stablecoin.

GPT-5.4 leads new AI benchmark on real-world accounting tasks, but its 77.3% score leaves firms facing stubborn reliability gaps.

AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.

Audit firms are racing to embed AI into core work, but say true advantage now hinges on tougher governance, bias controls and global rules.

On International Women's Day, a data leader urges young women to train for unseen careers, valuing curiosity and pivots over rigid plans.

SentinelOne has appointed former Asana executive Sonalee Parekh as its new chief financial officer to steer its next phase of growth.

Audit firms embed AI in core workflows as new research shows rising adoption is matched by stricter validation, governance and training controls.

New research finds 85% of firms trial AI but only 17% use it daily, with weak knowledge governance blamed for stalled adoption.

A new foundation has launched to study how AI is transforming real-world accounting and finance work, from tax and audit to advisory.