News

But in an apparent contradiction, most finance chiefs expect the AI value equation to change quickly.

Eighty-eight per cent of finance professionals believe AI will be the most transformative tech trend over the next 12 to 24 months. Yet only 8% feel their organisations are “very well prepared” to manage it, a new AICPA and CIMA survey shows.

When calculators arrived they said they would dumb us down. While the similar panic over artificial intelligence is understandable, we need to learn to embrace and harness it, says Kevin Phillips.

They say politics makes strange bedfellows, but what would it take to bring together Sen. Richard Blumenthal of Connecticut and Senate Republican Josh Hawley of Missouri? AI chatbots, it seems.

Organisations using AI to redesign workflows at an enterprise level achieve higher customer satisfaction and profitability than companies fixed on efficiency.

When it comes to using AI tools, generationally diverse teams are more productive, a new report found. But training for Gen Z employees outpaces opportunities for older generations to upskill.

The rise of artificial intelligence (AI) to power businesses is real — and so are the associated risks.

The American Institute of CPAs has created an artificial intelligence-enabled tool, Josi, that provides secure, direct access to the AICPA’s professional standards, authoritative guidance and related information.

The AICPA and state societies have pledged strong support for accounting education programs to gain STEM status, and the idea also has backing from the majority of respondents in a new survey.

The majority of accountants are comfortable with technology taking over jobs previously done by people, according to a new report.

CFOs around the world have numerous competing priorities as they continue to add strategy-related responsibilities, according to a new survey that also shows finance chiefs benefitting from new technology tools.

Knowledge and skills gaps are the top barriers to progressing certain strategies related to cybersecurity concerns, a new global report shows.

The accounting profession now lives in a world awash in software solutions, ranging from your typical everything-but-the-kitchen-sink suites to the best of breed in handling one very specific process, and everything in-between.

Wire transfer fraud, typically perpetrated via business email compromise, is a known risk to all types of businesses, including CPA firms. When a CPA firm handles client money, additional risk ensues.

An overwhelming majority of companies are spending more on information technology (IT) year over year, but many of those companies aren’t aware that they’re in the majority.

Cyber incidents are continuing their upward trajectory in 2025, and in this environment, CPA firms are particularly vulnerable to an attack.

AccountingWEB research indicates that firms are divided on whether their software delivers value for money, with small practices experiencing a faster return on investment than their larger counterparts. Respondents also see internal software, such as practice management, in a more favourable light.

Four decades after its debut, finance chiefs say Excel’s consistency, flexibility and shared language keep it central to corporate finance even as AI reshapes the tech stack.

With a bit of time, training and technology, it’s possible to upgrade your engagement letters to create a more automated, better-connected way of working where firms get more value.

CFOs should push audit firms on technology, workforce quality and regulatory readiness, according to a new report from the representing body of Pennsylvania CPAs.