KPMG signs deal with Anthropic to embed Claude Cowork in the Big Four firm’s global client delivery platform starting with new capabilities for tax and legal clients
‘Expectations have fundamentally shifted’, as accounting employees cite the financial and psychological ‘tax’ of the commute fuelling a desire to leave office work behind
Agentic AI will transform tax and accounting as the latest agents initiate and progress tasks with limited human input, improving workflow and productivity, but governance remains a risk, explains Russell Gammon, chief innovation officer at Tax Systems
With ‘high and consistent exposure to generative AI across tasks’ bookkeepers top the automation risk list followed by accountants, with young professionals most vulnerable
Top 20 firm Crowe LLP invests in tax practice with Alteryx One platform to automate repetitive tasks, improve data quality, and build AI-driven decision-making into the daily workflow
Using AI to reshape accountancy and finance jobs by removing the everyday dross work and refocusing humans on judgment and accountability, will prevent untimely demise of accountants, argues Nicolas Genest, founder and CEO of CodeBoxx
In the latest instance of artificial intelligence (AI) messing up a legal argument, top 25 US law firm Sullivan & Cromwell falls foul of hallucinations in court motion
Changing market for consulting and risk, coupled with client demand for quicker response times and more integrated services, sees PwC merge service lines in biggest restructure for years
SMEs unprepared for overhaul of cyber security rules with new requirement for multifactor authentication (MFA) by default, potentially raising software licence costs, as well as shift in accountability to actual directors, explains David McLeod, co-founder of Backbone
For AI users in highly regulated sectors like finance and accounting ‘trusting something partially is not adequate’ with high levels of double checking and worries about lack of audit trail
Tax and accounting barriers to using stablecoin for business payments and treasury management are a hurdle to early adoption, explains Ben Lee, partner in the crypto tax and accounting team at Andersen LLP
After sudden closure of accounts WebFiling service, Companies House admits security issue started five months ago when IT updated for Gov.uk One Login system to replace Government Gateway
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