Technology

Big Four firm Ernst and Young announced the formation of the Global AI Advisory Council, which will act as a sounding board as EY manages the extensive scale of AI deployments.

Plus, Withum rolls out cloud-based audit platform; SafeSend's new Client Portal uses PIN instead of password; and other accounting tech news and updates.

Richard Chambers is seeing a neverending series of crises confronting internal auditors and posing risks to their organizations.

Foreign gifts and penalties; FBARs and the Constitution; contention and confusion; and other highlights from our favorite tax bloggers.

Thomson Reuters has made a major investment in Propense, an AI-powered cross-selling solution, which will enable the company to expand its reach among CPA firms.

Firms are increasingly turning to artificial intelligence to help with data management and security, but paradoxically, that technology can pose security risks of its own.

ISO 42001 is a comprehensive framework concerning oversight of AI management systems in terms of security, ethics and accountability.

Top 50 Firm Schellman recently became the first U.S. firm accredited to certify compliance with the new ISO 42001 AI management standard.

Plus, Avalara announces AvaTax for Accounts Payable; Sage Copilot launches in U.S.; and other accounting technology news.

Artificial intelligence is transforming how firms manage tax returns, communicate with clients and handle administrative tasks.