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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.

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.

The Financial Crimes Enforcement Network (FinCEN) will issue a final rule (RIN 1506-AB67) that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act, Title 64 of P.L. 116-283, Treasury said Tuesday in a news release.

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

The IRS, which recently made business tax accounts accessible to millions of new entities, said Thursday that it’s adding new features to the accounts and expanding others.

The Internal Revenue Service today updated frequently asked questions about the deductions for qualified overtime compensation.

The Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-28 PDF, providing guidance on the employer credit for paid family and medical leave (PFML) under the Working Families Tax Cuts (WFTC). The WFTC makes permanent and expands eligibility and coverage for employers offering PFML benefits to employees.

An uptick in confidence in the second quarter can’t disguise the overall dark mood.

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 Financial Crimes Enforcement Network (FinCEN) should soon finalize its interim rule restricting beneficial ownership information (BOI) reporting requirements to foreign companies, the head of the agency told Congress.

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.

Citing the increase in the cost of fuel, the IRS has set a higher optional standard mileage rate used to calculate the deductible costs of operating an automobile for business for the remainder of 2026.

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.

From AI-washing to friendshoring, these are the terms CFOs are likely to hear in upcoming conversations with team members, sales representatives, fellow executives and human resources.

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.

The Securities and Exchange Commission today proposed Regulation E-Delivery, a new rule that would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to satisfy information delivery requirements under the federal securities laws.

Citing the increase in the cost of fuel, the IRS has set a higher optional standard mileage rate used to calculate the deductible costs of operating an automobile for business for the remainder of 2026.