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Artificial intelligence has been promising big things for accountants, but the reality is a little different. The AccountingWEB community shares where it’s actually helping and where they’re still not convinced.

The Internal Revenue Service and Security Summit partners today reminded tax professionals to protect client data with a Written Information Security Plan.

Increasing weaponization of artificial intelligence by cybercriminals accounts for much of the increase.

More than one in four data breaches are AI-enabled, according to an annual IBM report. The shifting threat landscape has prompted C-suite leaders to rethink the use of AI agents in security.

A global survey shows that regular AI use makes employees feel more self-sufficient, but AI is also replacing informal interactions that foster learning.

A new exclusive Intuit survey provided to CFO.com found most finance leaders lack a single source of truth, even as the concept remains debated among experts.

The gap between deployment of artificial intelligence (AI) tools in cybersecurity and confidence in those tools is widening as organizations struggle to establish governance for effective implementation, a global survey shows.

Finance leaders focused only on cost savings risk missing AI’s most promising opportunities: revenue growth, strategic advantage and long-term enterprise value.

With technological change influencing where employees work, companies are signing fewer long-term leases.

Connecticut has enacted significant amendments to the Connecticut Data Privacy Act (CTDPA), expanding its scope and introducing new compliance obligations for businesses that collect, use, share, or sell personal information. Now, many businesses, including employers that may not think of themselves as “data companies,” could have new compliance obligations.

‘We’re always going to have that human oversight,’ Gov. Ned Lamont pledged.

From not having an AI policy or not sharing it with employees to incomplete or ambiguous accountability structures, there are basic mistakes business leaders should avoid.

Companies that formally track AI-related ROI and are assurance-ready report the greatest improvement, according to a recent KPMG survey.

Artificial intelligence has made phishing, fraud and deepfakes cheaper, quicker and harder to spot. With more accountants using AI tools than ever before, firms must look past the hype to tighten internal controls.

The Internal Revenue Service and Security Summit partners today launched the summer “Protect Your Clients; Protect Yourself” campaign, a five-week series highlighting practical steps tax professionals can take to protect client data, their businesses, and themselves from evolving tax-related identity theft threats.

Four out of five CPAs attending a recent AICPA ENGAGE session said they’ve had clients victimized by a financial scam — and one attendee admitted she also was defrauded.

A new report commissioned by accounting software firm Sage aims to identify lingering bottlenecks in the race to implement artificially intelligent systems.

Widely available AI is making payment fraud easier to perpetrate and harder to detect, raising the stakes for controls, verification, and professional skepticism.

Change management related to technology, including the rise of artificial intelligence (AI), ranked as CPA firms’ leading issue by expected impact in the next five years, according to the latest CPA Firm Top Issues Survey.

The gap between projected and actual return could widen further with increasing investments in complex new tools.