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News
Xerocon 2026: use AI but stay aware of security risks
2+ week, 4+ 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…...
Ramp launches Stack for accounting firms
3+ mon, 1+ week ago (174+ words) Underneath the hood, Stack agents rely on what Ramp calls a harness: the full system of tools, Skills, memory and connectors that surround the model and define how it receives tasks, accesses data, processes information and produces outputs. Ramp said…...
Six strategies for AI
3+ mon, 4+ week ago (282+ words) Artificial intelligence is forcing the accounting profession to evolve faster than ever before, and firm leaders aren't backing down from the challenge. When asked to describe their firms' strategies on AI, senior executives from Accounting Today's 2026 Top 100 Firms and Regional…...
Which firms planned for AI? Tax season gives us the answer
5+ mon, 2+ week ago (993+ words) When generative AI first entered the accounting profession, it felt like magic. Drafts appeared in seconds. Research that once took hours surfaced in minutes. For the first time in years, many firm leaders allowed themselves to imagine something radical: What…...
Kenji Kuramoto, founder of Acuity, joins Basis
5+ mon, 1+ week ago (466+ words) Accounting automation solutions platform Basis announced the appointment of Kenji Kuramoto, founder of Georgia-based Acuity, which last year merged with thirteen other firms to form top 50 firm Sorren after he led it for 20 years. Beyond founding Acuity, he is also…...
Basis announces $100M in new funding
6+ mon, 1+ week ago (439+ words) Basis plans to use the capital to accelerate development of the platform as it continues building the most advanced agents to perform increasingly complex workflows, and to expand the company's engineering and ML teams. The agent, like the others in…...
COSO releases guidance on internal controls for AI
6+ mon, 2+ week ago (173+ words) The Committee of Sponsoring Organizations of the Treadway Commission has released guidance outlining ways that organizations can achieve and maintain effective internal controls over generative AI. The COSO guidance is based on five foundational principles, each with its own prescription:…...
34% of internal auditors unsure if they were targets of AI-enabled fraud
6+ mon, 3+ week ago (445+ words) AI-enabled fraud has become so sophisticated more than one-third of senior internal audit leaders aren't even sure whether or not their organizations have been the targets of any attempts, while almost one-fifth are aware of at least one instance. The…...
KPMG acquires PrivateBlok, team will support AI developments
7+ mon, 3+ day ago (387+ words) Big Four KPMG announced that the employees and founders of AI development platform PrivateBlok will be joining the firm and will help it further scale its AI capacities. The terms of the deal were not disclosed. "We're thrilled to join…...
Redefining human potential with AI
8+ mon, 3+ week ago (556+ words) The role of the CFO is undergoing a profound transformation. No longer confined to balancing the books and the monthly close, today's finance leaders are navigating talent shortages, evolving compliance demands and economic unpredictability. In fact, 82% of CFOs say their…...