News
Agentic AI edges closer to accounting adoption
April 22, 2025
While AI agents promise automation and efficiency, accountants remain cautious and products are still thin on the ground. Could autonomous AI be trusted to tackle routine tasks, or is the profession still waiting for the tech to mature?
Trump is shifting cybersecurity to the states, but many aren’t prepared
April 18, 2025
For the first half of his career in law enforcement, working as a police officer in South Florida, Chase Fopiano did not think cyberattacks on police agencies were a serious threat.
AI concerns are more complex than technology replacing people
April 16, 2025
Fears about artificial intelligence are less about replacing people and more about diminishing the value of human skills, according to a global survey.
Should I disclose my use of gen AI to clients?
April 01, 2025
In today’s rapidly evolving technological landscape, the use of generative AI is gaining currency in the accounting profession. Not only are CPA firms integrating generative AI into administrative workflows, but a growing number of firms are investigating how deploying generative AI can help them more efficiently deliver solutions to clients. Generative AI options range from publicly available platforms to custom-built systems and include essential programs that also make use of generative AI, such as technical research software. Regardless of the platform or software, CPAs are increasingly asking, “Should we inform our clients about our use of generative AI, and if so, how?“
Connecticut’s First AI Caucus Focuses On Regulation, Equity, And Workforce Readiness
March 31, 2025
Connecticut lawmakers announced the formation of the state’s first Artificial Intelligence Caucus last week, highlighting the rapid spread of AI in everyday life and the need to ensure that it serves the public interest.
How AI is changing cybersecurity for better or worse
March 25, 2025
CFOs looking to bolster cybersecurity at their firms need to have a thorough understanding of both the benefits and disadvantages of artificial intelligence.
The ROI of generative AI: It’s growing rapidly, CFOs say
March 21, 2025
Positivity around generative artificial intelligence (AI) has exponentially risen among CFOs at large companies over the last year, but reliance on human involvement remains crucial to success, according to a recent survey.
Less than a third of companies follow AI adoption best practices
March 12, 2025
However, larger companies with over $500 million in annual revenue are significantly more likely, according to McKinsey’s latest report.
AI In The Workplace, Algorithms At Rideshare Companies Seen Reshaping Jobs And Wages In Connecticut
March 11, 2025
As artificial intelligence increasingly shapes hiring, workplace surveillance, and wages, Connecticut lawmakers are debating whether to impose new safeguards. AI-driven systems are already determining pay rates, particularly in gig-economy jobs like those with Uber and Lyft, in which algorithms set fares and driver earnings without transparency.
Technology Modernization: Your 2025 Talent Road Map
March 11, 2025
Technology modernization isn't just another item on the corporate agenda—it ranks among the top four strategic priorities for IT leaders in 2025, according to Robert Half’s latest Demand for Skilled Talent report. That’s no doubt why 55% of technology and IT leaders cited technical debt as their primary barrier to accomplishing their goals.
As AI rises in importance, so too does AI governance
March 07, 2025
AI governance was a major theme of 2024, and as the technology continues to evolve, oversight and control—as well as ways to demonstrate it to others—will become even more important this year.
Remote control: 3 tips from a firm founder and remote-work trendsetter
February 28, 2025
When Michael Ly launched his CPA firm in 2015, his then-revolutionary work model led to some unexpected, and hilarious, circumstances during interviews with potential employees.
Democrats Renew Push For AI Regulation In Connecticut Amid Economic, Ethical Concerns
February 27, 2025
As artificial intelligence continues to reshape industries and daily life, Connecticut lawmakers are once again proposing legislation to establish guardrails for its use
Dirty Dozen tax scams for 2025: IRS warns taxpayers to watch out for dangerous threats
February 27, 2025
The Internal Revenue Service today announced its annual Dirty Dozen list of tax scams for 2025 with a warning for taxpayers, businesses and tax professionals to watch out for common schemes that threaten their tax and financial information.
77% of CFOs plan to ratchet up tech spending this year
February 24, 2025
Budget hikes for technology are far higher than those for other key expense categories.
AI success starts with people, not tech
February 24, 2025
Artificial intelligence is shaking up the accounting world, but the firms thriving in this new era aren’t just embracing technology, they’re making sure their people are on board first.
Employees to leaders: More training needed in AI
February 24, 2025
86% of C-suite leaders plan to increase investment in generative AI technology this year, but the majority of employees feel unprepared for technological changes, a new survey report said.
AI in accounting and its growing role
February 21, 2025
Artificial intelligence took the business world by storm in 2024. Countless AI-driven tools that emerged during the past year are boosting efficiency in virtually every industry by automating the tasks that most often bog down business processes. Essentially, AI takes on the business world's day-to-day dirty work, delivering with more accuracy and speed than human workers are capable of providing.
Will Connecticut finally regulate artificial intelligence?
February 18, 2025
As a human being, James Maroney is a believer in the potential of artificial intelligence to do good.
CFOs look to future-proof with AI
February 13, 2025
Finance leaders have spoken to AccountingWEB about adopting AI, the importance of involving their teams early and the risk of quickly getting left behind.