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At first glance, Richie Sater, CPA, had no business solving a problem that had stumped mathematicians for four decades.

Most CFOs are deepening their AI management role, but nearly all still spend a large chunk of their day monitoring AI outputs, a new Datarails survey finds.

The American Institute of CPAs has issued a new practice aid for auditors that provides a framework for understanding how artificial intelligence affects the financial statement audit in two key areas: when an organization uses AI in its financial reporting or controls, and when auditors use AI-related technology in performing the audit.

At the same time, a significant subset of business leaders acknowledge they pretend to know more about the technology than they actually do.

A few years before retirement expert Oscar Vives was born, Hollywood debuted an enduring classic that predicted the rise of artificial intelligence.

Cybersecurity Awareness Month highlights the role everyone can play in protecting personal, financial and tax information from identity thieves and scammers. For taxpayers, tax professionals and organizations across the tax community, that starts with everyday actions that help strengthen online security.

Finance departments and firms can use an accountant developed self-evaluation tool to identify gaps and strengthen cybersecurity fundamentals.

A first-of-its-kind U.S. Government Accountability Office (GAO) report estimates annual federal tax fraud losses of between $116 billion and $304 billion and says the IRS needs a coordinated strategy for managing fraud risks.

Teikametrics CFO Brian Beaupre is changing how he evaluates young candidates. Meanwhile, a discussion on The Accounting Podcast asks where they’ll gain the judgment senior roles require.

Democrats targeted Republican candidate for governor Ryan Fazio for his vote against a comprehensive online safety bill during the last session, calling the Greenwich state senator an impediment to AI regulation.

The AICPA and former IRS commissioner Danny Werfel will lead an initiative bringing together leaders to advance practical approaches to the responsible use of artificial intelligence in tax administration and tax practice.

In a survey by enterprise planning firm Board, finance chiefs were likelier than CIOs and COOs to follow a recommendation from an AI tool when if it “conflicts with their instinct.”

Wire transfer fraud is a risk to any business. Here are 10 actions to take to help prevent your firm from falling victim to a wire fraud scam. 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.

For the second consecutive year, a watchdog has labeled the IRS’s cybersecurity program so ineffective that taxpayer data could be at risk if the agency fails to address security weaknesses.

One in three U.K. workers are using generative AI for work of their own accord, according to a Deloitte survey of 25,000 workers.

AI in hiring is becoming more common, but a lack of transparency around employers’ use of AI to evaluate candidates is eroding trust, a global report shows.

As electronic forms and AI screening take over hiring, Philip Fisher asks if the profession is losing the judgment recruitment depends on.

Many businesses appear more focused on building an efficient workforce than an empowered one, and artificial intelligence is being used in ways that are overwhelming many employees.

Executives spend almost twice as much time working with artificial intelligence tools as other employees.

So far, it’s proving easier to assess the ROI of other business transformations than that of artificial intelligence.