Accounting firms that have embraced artificial intelligence are primarily using it to analyze documents, automate tasks and bolster client communication.

Plus, Estateably touts new accounting tools for estate planning; and other accounting tech news and updates.

Accountants are at a unique juncture where the convergence of a massive redistribution of wealth and rapid technological advancements can redefine their roles and impact.

A set of polls has found that leaders expect that generative AI will lead organizations to actually increase their headcounts, at least in the short term.

After the recent transformative changes in artificial intelligence, tax and accounting has been frequently cited as one of the most immediate areas for disruption.

The AI-driven analytics solution is specifically for accounting firms.

LogicGate released AI governance software to help entities govern and manage implementation of the technology in their organizations.

As we enter the next industrial revolution, CFOs will be central to striking the right balance between risks and growth opportunities.

A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.

Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!

Plus, Earmark launches a web app; and other accounting technology news.

An experiment tested different generative AI models against each other on multiple choice questions from CPA Exam test prep material, and found they have their own strengths and weaknesses.

Companies are increasingly prioritizing disclosures around cybersecurity, executive compensation clawbacks and more.

Thomson Reuters announced the release of CoCounsel, a generative solution within Checkpoint Edge meant to help tax professionals with complex research.

Firms need to adapt to changes in technology at a pace that makes sense for them and their clients.

Plus, LeaseCrunch announces webinar on lease changes and remeasurements; and other accounting technology updates.

Ross Tennenbaum said he intends to improve its customer experience, and hinted at an e-invoicing partnership with a blue chip company.

If an enterprise doesn't accurately measure and manage cash flow effectively, it won't be able to make sound financial decisions for the future.

A recent poll from Rightworks has found that 73% of accountants are not using AI and 35% have no plans to do so in the future.

Embracing artificial intelligence can help firms transition from traditional to holistic client services based around advisory offerings.