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Tax ID numbers, Social Security numbers, net income, etc. — CPAs manage a tremendous amount of valuable information for themselves and for their clients. Keeping it safe is a serious responsibility.

There are striking similarities between the roles and responsibilities of accountants and cybersecurity professionals, particularly in their need for precision, data protection, and thorough scrutiny before adopting new technologies. Both are working with sensitive information in highly regulated environments, making trust a cornerstone of client relationships.

Artificial Intelligence (AI) has transformed how we live and work, offering immense potential for innovation and progress. However, as with any technology, AI also has its drawbacks. Emerging technologies like deepfakes – AI-generated synthetic media that can convincingly manipulate or fabricate audio, video, and images – have rapidly gained popularity among cybercriminals as a potent tool for cyberattacks. By leveraging deepfakes, they can easily manipulate information, deceive individuals, and exploit vulnerabilities within organizations. The consequences of these attacks can be severe, ranging from financial losses to reputational damage. 

From a focus on data integrity and employee upskilling to championing new tools, finance leaders have a multi-dimensional role in AI adoption and use.

More than half of finance leaders believe technology will improve audit quality, but the human element is irreplaceable.

By leveraging artificial intelligence’s ability to deliver actionable insights on market trends, CFOs can unlock new growth avenues for their companies.

AI tools will help to transform practices over the next few years, but what exactly will the impact be and how can you get started?

A large majority of finance leaders have been tasked with new responsibilities in 2024. Not surprisingly, many of those responsibilities revolve around technology.

This year’s report takes a look at how tax departments and their leaders are overcoming various disruptions like legislative and regulatory change, an uncertain talent market, generative AI and more, fostering trust across the organization. Key report findings from 500 CFOs, CEOs and Chief Tax Officers – 25% of which are in the Northeast region, indicate...

Accountants have pretty much always used technology — what else do you call an abacus or a slide rule or an adding machine? — but it is increasingly obvious that, as the world moves through its digital revolution, it has slowly become a technology-driven profession, where powerful software solutions are not enhancements but true necessities for all but the most basic of jobs. This has led to a veritable galaxy of specialized accounting applications, and a veritable universe of other apps that, while not specific to the profession, are nonetheless invaluable to their work.

Data privacy and FP&A top CFOs’ priorities for the coming year, according to a new survey report from Protiviti.

The new EU Artificial Intelligence Act raises many questions and should put AI on every business’s agenda sooner rather than later.

With IT security and data protection being such important factors, accountants and bookkeepers need to ensure they have considered how they set rules and guidelines for themselves and their teams.

Adoption of finance AI — artificial intelligence that aids in the finance function — is on the rise.

Leadership’s patience around getting returns on technology investments is thinning, according to new data from IBM.

As trusted custodians of sensitive client data, accountants and bookkeepers need to exercise caution about what AI tools they adopt and what access they give these tools to data. This feature forms part of our special editorial report on the subject, in association with Sage.

As the cost-benefits of generative AI for businesses come into question, new data from KPMG suggest the largest companies have a timeline to ROI.

Brian May, CFO of food service company Nicholas and Company, offers a unique CFO perspective on the lessons he learned during a major digital overhaul.

As data thieves get more cunning, the Internal Revenue Service and its partners in the Security Summit have laid out half a dozen steps for practitioners to take to begin protecting themselves as data thieves get more cunning.

As artificial intelligence quietly transforms the accounting industry, we look at how it has evolved and the changes it has brought to everyday tasks, with this feature forming part of our special editorial report on the subject, in association with Sage.