News

Savings could be around the corner for CFOs who invest more of their budgets in technology upgrades, the results of a new survey suggest.

Concerns about workforce and data readiness are commonly cited for artificial intelligence (AI) initiatives failing to substantially boost company bottom lines, but a recent survey of nearly 1,000 business leaders revealed an unexpected leading cause — and a lack of response to that cause.

DualEntry’s CFO unveils insights from testing 19 AI models on 101 accounting tasks to evaluate their accuracy and efficiency. The results, he writes, “should concern CFOs buying into the hype.”

Senate Bill 5, a wide-ranging proposal, passed despite objections over the bill’s complexity and a last minute strike-all amendment.

So far, organizations are more likely to license general-purpose AI tools than compensation-specific ones to help with pay benchmarking.

As the class of 2026 prepares to enter the workforce, new research from talent solutions and business consulting firm Robert Half reveals what today's professionals say matters most for early career success. According to a survey of more than 1,300 experienced workers, 36% believe new job seekers should be prepared to demonstrate knowledge of AI tools when applying to roles and 37% caution against using AI to overstate skills or experience.

Accounting is the new go-to job sector for Gen-Zers trying to evade AI hurdles.

The potential of AI is terrifying – but in a good way. That’s the response of mid-tier accounting firms – according to our special editorial report in association with Sage, State of the nation: AI in accountancy and bookkeeping – as the new technology is adopted at speed across the profession.

Attorney General William Tong has issued a consumer alert to warn Connecticut about the prevalence of fraudulent investment schemes proliferating across Meta platforms, including on Facebook, Instagram, and WhatsApp. Scammers are increasingly using deceptive advertisements and “deepfake” technology to lure investors into high-stakes scams to defraud them of their savings, Tong said. These scams include “pump and dump” scams, confidence scams, and fraudulent cryptocurrency schemes that take advantage of victims to extract as much money from them as possible.

Learn how CPAs can help protect the elderly against the growing threat of artificial intelligence-powered scams using deepfakes and voice cloning.

More Americans than ever are using artificial intelligence for research, data analysis, medical advice and even companionship. But that doesn’t mean they trust it or even view it positively.

Counter to headlines about tech-driven layoffs, companies are backing away from human capital budget reductions due to the growing need for AI skills.

Far from lagging behind their larger peers, our special editorial report in association with Sage, State of the nation: AI in accountancy and bookkeeping, shows that small firms are agile enough to make the most of the AI revolution.

The IRS wants to deploy artificial intelligence, but workforce reductions that hit tech teams mean the agency has capacity gaps that could impact its ability to do so, according to a new report from Congress’ watchdog, the Government Accountability Office.

As artificial intelligence (AI) reshapes hiring, organizations are finding it more difficult — and time-consuming — to identify skilled talent. A survey from talent solutions and business consulting firm Robert Half found that 67% of U.S. HR leaders say reviewing AI-generated applications has slowed the hiring process, with 20% reporting delays of more than 2 weeks.

As entry-level tasks are automated, the focus of training will shift to judgment, simulation, and continuous upskilling.

The Association of International Certified Professional Accountants (AICPA and CIMA), in partnership with North Carolina State University’s Enterprise Risk Management (ERM) Initiative, has released a global study examining how executives perceive the opportunities and risks of artificial intelligence (AI) across regions, industries, and organizational sizes. The survey, including responses from 1,735 executives across eight regions and eight industries, points to an increasingly uneven AI landscape across the enterprise: while a subset of “AI‑Transformed Entities” is capitalizing on strategic gains, most organizations lack the talent, systems, and governance capabilities required to deploy AI effectively.

Fewer taxpayers say they would consider trusting artificial intelligence (AI) over hiring a tax professional to file their taxes this year compared with 2025, and the percentage slipped across all generations, according to the second annual U.S. Tax Filing Report by an invoice automation company.

In the early days of artificial intelligence reshaping the way employees work, many find themselves facing a greater workload rather than a lessened one, according to a survey.

Finance leaders are poised to limit pay and headcount increases throughout 2026 while expanding investment in artificial intelligence and other technologies, according to a recent survey.