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News
Acquisitions could be solving the succession crisis, so why aren't they?
5+ day, 18+ hour ago (911+ words) An AICPA survey conducted in 2020 found that 26% of single owners and sole practitioners were planning to retire within the next five years. Today those partners have either hung up their hats and left a critical role to be filled, or…...
False info, real problems: Can accountants tame AI hallucinations?
1+ week, 4+ day ago (693+ words) control structures, the infamous tendency of artificial intelligence to occasionally generate false information...Avani Desai, head of Top 50 Firm Schellman, which specializes in technology assurance, said that when...a large international firm with tons of resources lets hallucinated information reach…...
Check your tech stack for AI training leaks
3+ week, 6+ day ago (1253+ words) Brian Tankersley, an accounting technology advisor with K-2 Enterprises, stressed overall how important...Listing of explicit third parties/subprocessors with whom information is shared, in a table, with columns..."As part of vendor management at Sikich, we evaluate AI/LLM models…...
Remarks at the Investor Advisory Committee Meeting
3+ day, 23+ hour ago (571+ words) Now, while AI may help alleviate certain analytical burdens in distilling information in SEC filings,...these disclosures—a burden that does not recede simply because AI can assist in interpreting the information...Firms now wield tools capable of processing information…...
HBK takes outside investment
2+ week, 5+ day ago (358+ words) The IRS is transitioning its technology systems, including secure APIs and a new intake system for electronically...filed information returns....
Can AI ruin professional education?
2+ week, 4+ day ago (459+ words) What is concerning is not the technology itself but how it is being used by students preparing for professional...
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...governance is human review, which industry experts cite as key to preventing AI-generated false information..."AI can absolutely accelerate drafting, summarization, brainstorming or organizing information…...
Ship versus swarm
2+ week, 4+ day ago (737+ words) They have the budget for technology, the data to build on, and the outside capital behind them....
Using AI to decode client behavior
1+ week, 4+ day ago (813+ words) When clients have been with you for a long time, you naturally amass a sizable database of information...Bots like ChatGPT, on the other hand, can consolidate this information into advanced reports, offering...
Xerocon 2026: use AI but stay aware of security risks
2+ week, 5+ day ago (581+ words) A lot of sensitive corporate strategy information about major publicly traded companies has been shared...instance, the IRS recently interpreted circular 230 to say that sending personally identifying information...