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Accounting Today

The latest accounting news & information for the public accounting profession, along with practice management advice.

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News


accountingtoday.com > news > in-age-of-ai-partners-expected-to-focus-on-relationships-versus-productivity

In age of AI, partners expected to focus on relationships versus productivity

3+ day, 19+ hour ago   (379+ words) Jeffrey C. LeSage, former KPMG-Americas vice chairman of tax, agreed. He said he saw a lot of partners that would "hide behind that book of business" and not be active with business development. More people, he said, will need to embrace…...


accountingtoday.com > news > caseware-rolls-out-excel-add-on-client-request-ai

Caseware rolls out Excel add-on, client request AI

5+ day, 2+ hour ago   (284+ words) Audit and risk solutions platform Caseware announced new upgrades that allow users to bring the company's AI agents into Microsoft Excel as part of the most recent expansion of its Caseware Verity AI offering, first introduced in May. The company…...


accountingtoday.com > news > paystand-agents-now-generally-available

Paystand agents now generally available

5+ day, 22+ hour ago   (163+ words) Digital payments solutions provider Paystand announced the general availability of its agentic finance suite, which brings AI agents into accounts receivable, spend management and reporting on its B2B payment network. "Agentic finance does not mean giving software unlimited authority," Almond said....


accountingtoday.com > opinion > when-a-clients-mailbox-is-sending-fake-invoices-the-password-reset-is-only-the-beginning

When a client's mailbox is sending fake invoices, the password reset is only the beginning

1+ week, 2+ hour ago   (188+ words) Sooner or later a practitioner gets the call. A client's vendors, or the client's own customers, are receiving invoices and payment-change requests from an address inside the client's company, and nobody there sent them. The messages read correctly. They reference…...


accountingtoday.com > news > your-next-client-is-asking-chatgpt-not-google

Your next client is asking ChatGPT, not Google

1+ week, 3+ hour ago   (127+ words) A growing share of prospects now ask AI questions like "who is the best CPA firm for a small business near me" and act on the three or four names the model gives them. The IRS will be cracking down…...


accountingtoday.com > news > bill-goes-remote-first

Bill goes remote-first

1+ week, 3+ day ago   (300+ words) "The remote population proved the model works: hiring stayed strong, performance stayed strong, culture stayed strong, for half the company, for years. So instead of continuing to manage the divide, we realized the better path was to build one team…...


accountingtoday.com > opinion > the-real-ai-skills-gap-in-accounting-is-structural-not-technical

The AI skills gap in accounting is structural, not technical

1+ week, 4+ day ago   (408+ words) Since generative AI entered mainstream conversation, disruption has dominated the headlines. Will automation eliminate accounting jobs? Will finance teams get leaner, smaller and further removed from the strategic table? For many of us, AI has stopped being an isolated pilot…...


accountingtoday.com > news > false-info-real-problems-can-accountants-tame-ai-hallucinations

False info, real problems: Can accountants tame AI hallucinations?

1+ week, 5+ day ago   (693+ words) Despite the rise of stringent governance and rigorous control structures, the infamous tendency of artificial intelligence to occasionally generate false information, also known as "hallucinations," remains stubbornly untamed by even the world's largest accounting firms. What becomes clear then is…...


accountingtoday.com > news > armanino-acquires-appwrap-team-clients

Armanino acquires AppWrap team, clients

1+ week, 5+ day ago   (212+ words) Top 25 firm Armanino announced that the leaders and staff of AppWrap, a Netsuite implementation and support specialist, have joined the firm, dramatically expanding the firm's NetSuite practice. The deal also included AppWrap's 115 managed service clients, who will now become Armanino…...


accountingtoday.com > news > false-info-real-problems-the-human-in-the-ai-loop

False info, real problems: The human in the AI loop

1+ week, 5+ day ago   (1104+ words) In our first article, we explored how AI-generated false information, also known as hallucinations, have increasingly been making their way into firm work products. Here we explore how some firms control specifically for this risk. Accountants tend to view hallucination…...