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News
Caseware rolls out Excel add-on, client request AI
4+ day, 15+ hour ago (284+ words) Audit and risk solutions platform Caseware announced new upgrades that allow users to bring the company's AI agents into Microsoft Excel as part of the most recent expansion of its Caseware Verity AI offering, first introduced in May. The company…...
Paystand agents now generally available
5+ day, 12+ hour ago (163+ words) Digital payments solutions provider Paystand announced the general availability of its agentic finance suite, which brings AI agents into accounts receivable, spend management and reporting on its B2B payment network. "Agentic finance does not mean giving software unlimited authority," Almond said....
The AI skills gap in accounting is structural, not technical
1+ week, 3+ day ago (408+ words) Since generative AI entered mainstream conversation, disruption has dominated the headlines. Will automation eliminate accounting jobs? Will finance teams get leaner, smaller and further removed from the strategic table? For many of us, AI has stopped being an isolated pilot…...
False info, real problems: Can accountants tame AI hallucinations?
1+ week, 4+ day ago (693+ words) Despite the rise of stringent governance and rigorous control structures, the infamous tendency of artificial intelligence to occasionally generate false information, also known as "hallucinations," remains stubbornly untamed by even the world's largest accounting firms. What becomes clear then is…...
False info, real problems: The human in the AI loop
1+ week, 4+ day ago (1104+ words) In our first article, we explored how AI-generated false information, also known as hallucinations, have increasingly been making their way into firm work products. Here we explore how some firms control specifically for this risk. Accountants tend to view hallucination…...
Using AI to decode client behavior
1+ week, 4+ day ago (813+ words) AI bots like ChatGPT are already widely used for drafting personalized emails, engagement letters, proposals and other client-facing content. But when used strategically, they can help CPA firms analyze client feedback, identify recurring concerns, understand changing expectations and spot patterns…...
Thomson Reuters develops independent AI frontier model 'Thomson' in push for 'AI sovereignty"
2+ week, 4+ day ago (413+ words) Thomson Reuters announced the launch of its independently developed AI frontier model Thomson, which the company plans to deploy throughout its legal and tax portfolio over time, starting with Tabular Analysis inside CoCounsel Legal, where it now provides high-volume document…...
Can AI ruin professional education?
2+ week, 4+ day ago (459+ words) Artificial intelligence is defined as the capability of computer systems or algorithms to imitate intelligent human behavior — the key word being "intelligent." AI is quickly changing the way in which students consume educational content, revise and practice questions. The benefits…...
Guggenheim's Walsh says accounting at GPI unit was 'appropriate"
2+ week, 5+ day ago (353+ words) Guggenheim Partners is working with regulators as they probe a business accounting issue at one of its subsidiaries, according to Anne Walsh, chief investment officer of the firm's asset-management business. "We have been very open with regulators and very cooperative…...
Xerocon 2026: use AI but stay aware of security risks
2+ week, 5+ day ago (581+ words) Another big security hole, she said, is that while an LLM's reasoning packets can be encrypted, this encryption can also be broken by another LLM, and not even necessarily a more advanced one. For example, if someone has a big…...