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Most workers are using tools not provided by their employers, and few see any type of internal oversight.

Finance professionals expect to scale agentic AI within the next three years, but few employees in a new global survey are open to being managed by AI agents.

Security incidents involving shadow AI accounted for 20% of data breaches globally and were more expensive for companies to resolve.

Globally, nearly three-fourths of corporate reporting professionals use artificial intelligence tools daily. Companies with greater AI integration are able to use time savings to focus more on strategy.

Unlike robotic process automation, intelligent process automation has advanced AI that can assist with judgments previously only CPAs could handle.

The Internal Revenue Service and its Security Summit partners today reminded tax professionals about the federal mandate to have a Written Information Security Plan (WISP) designed to help protect them against threats from identity thieves and data breaches. IRS provides resources to help with this process.

Productivity is lacking in the workplace, according to a Microsoft survey, with technology posing both as the problem and the solution.

Just about eight in 10 of respondents in a recent survey by enterprise tech firm Zuora said their finance teams are “swamped” with manual tasks.

Organizations with specific, crafted plans for AI adoption are already seeing tangible ROI, according to a large survey of professionals.

For the second year in a row, Connecticut legislators decided not to regulate AI for businesses, but they did pass a law that criminalizes deepfake revenge porn and provides education funding for artificial intelligence.

Completing the monthly or quarterly close activities can be lengthy and cumbersome. Many steps are repetitive and manual, which leads to inefficiencies making it difficult to close the books in a timely manner. The good news is there have been significant technology advancements enabling organizations to shorten the financial close cycle while enhancing accuracy and efficiency. Various technological solutions can streamline financial close operations while maintaining financial information integrity. There are specific actions you can take to move forward in terms of people, process, and technology to create efficiencies, reduce cost, and improve employee morale all while maintaining proper controls.

Business concerns around cybersecurity and data privacy risks have increased over the past year, and many leaders feel unprepared to weather the storm.

The impact of artificial intelligence on education has progressed exponentially. AI tools like ChatGPT are changing how students engage with coursework and how instructors like me must think about assessment, feedback and professional preparation.

A click on a link in an email that could have brought down Catharine Drake Madeley’s CPA firm instead caused 40 clients whose tax information was exposed in a data breach to think of her and her staff even more as trusted advisers.

Generative AI use can enhance workforce creativity, but the value is more pronounced in employees with specific abilities, new research finds.

Extortion attempts leap by 46% over a recent six-month period, with manufacturing and construction sectors bearing the brunt.

Find out what the next leap in the evolution of artificial intelligence is and how it may affect the way accountants do their job.

AI’s impact on finance will continue to deepen, but large staffing cuts are an unlikely result, according to a new Vena Solutions report.

This is a red flag for CFOs who are outsourcing finance functions to firms that sell themselves as being forward-thinking or technology driven.

Audit CTO and global solutions group leader Thomas Mackenzie explains how updating technology is reshaping audit quality, talent and regulatory strategy.