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News

Accounting Today
accountingtoday.com > news > false-info-real-problems-the-human-in-the-ai-loop

False info, real problems: The human in the AI loop

1+ week, 3+ 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…...

Accounting Today
accountingtoday.com > news > check-your-tech-stack-for-ai-training-leaks

Check your tech stack for AI training leaks

3+ week, 5+ day ago   (1253+ words) "If you go and read their terms, they're not exactly favorable. Some of the terms have been like that for several years," he said. While there is great variation between how vendors word their respective policies, however, there are certain…...

Accounting Today
accountingtoday.com > opinion > ship-versus-swarm

Ship versus swarm

2+ week, 3+ day ago   (737+ words) An advisory firm owner told me something a few weeks ago that has been stuck in my mind ever since: "Kyle, most firms are aircraft carriers. They're too slow. We're more of a pirate ship." He was joking, mostly. It…...

Accounting Today
accountingtoday.com > list > rogue-agents-when-ai-wont-listen

Rogue agents: when AI won't listen

3+ week, 5+ day ago   (187+ words) But they also demonstrate that while agents can certainly go awry, they can also be corrected and set back on the right path. We asked AI specialists throughout the accounting world to share their personal experiences when an AI agent…...

Accounting Today
accountingtoday.com > opinion > can-ai-ruin-professional-education

Can AI ruin professional education?

2+ week, 3+ 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…...

Accounting Today
accountingtoday.com > news > tax-fraud-blotter-get-your-stolen-checks-here

Tax Fraud Blotter: Get your stolen checks here

2+ week, 2+ day ago   (1100+ words) Philadelphia: Alexander Telewoda, 26, of Clifton Heights, Pennsylvania, was sentenced to 78 months in prison, three years of supervised release, restitution of $10,841,731.83 and forfeiture of $162,144.50 for conspiring with three others to steal and sell thousands of U.S. Treasury checks. The defendant was charged…...

@SECGov
sec.gov > newsroom > speeches-statements > atkins-sattement-pcaob-seat-081826

Statement on Commencement of Appointment Process for Public Company Accounting Oversight Board Seat

3+ week, 4+ day ago   (330+ words) Paul S. Atkins, Chairman Official websites use.gov Secure.gov websites use HTTPS More in this Section Statement on Commencement of Appointment Process for Public Company Accounting Oversight Board Seat On behalf of the Securities and Exchange Commission (the “SEC”), I…...

Accounting Today
accountingtoday.com > opinion > the-real-ai-skills-gap-in-accounting-is-structural-not-technical

The AI skills gap in accounting is structural, not technical

1+ week, 2+ 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…...

Accounting Today
accountingtoday.com > list > m-a-roundup-hot-start-to-september

M&A roundup: Hot start to September

1+ week, 4+ day ago   (145+ words) CRI added Morrison & Smith; Ascend acquired GreerWalker; Nichols Cauley added LaRocco; Accuity acquired KKDLY; Grimes added Stevens and Ciccone; BGM acquired John T. Chipman; and WPWealth added Optimus Capital Advisors. Acquisitions by Carr, Riggs & Ingram, Ascend, Nichols Cauley and more. Employees…...

Accounting Today
accountingtoday.com > news > bill-goes-remote-first

Bill goes remote-first

1+ week, 2+ day ago   (300+ words) "The remote population proved the model works: hiring stayed strong, performance stayed strong, culture stayed strong, for half the company, for years. So instead of continuing to manage the divide, we realized the better path was to build one team…...

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