Technology

Bloomberg Tax and Accounting released two new generative AI-driven features to aid users in tax research.

Businesses are facing mounting regulatory requirements that fundamentally reshape tax and financial processes.

Internal auditors are taking on more responsibilities, leveraging generative AI for tasks such as audit planning and reporting, says a new IIA report

Accounting automation solutions provider Digits released its Autonomous Digital Ledger solution, intended to directly challenge competitors such as QuickBooks.

Excellence in artificial intelligence is going to be a key differentiator for accounting firms in the near future.

Artificial intelligence is transforming the way businesses manage lease portfolios, bringing automation, accuracy and strategic insights to lease accounting.

Panelists at today's Schellmancon event said that last year saw a great increase in AI oversight, governance and regulation, and that this trend will likely not only continue but accelerate this year.

Plus, Xero debuts "reconcile period" feature; EisnerAmper appoints David Frigeri as chief artificial intelligence officer; and other accounting tech news.

For tax professionals considering AI-powered solutions, accuracy, integration and industry specificity are critical factors to evaluate to enhance workflows.

Wolters Kluwer announced new capacities for populating and filing IRS Form 5330 in its ftwilliams.com product.