Accounting July 11, 2023
CPA Society News & Updates – July 2023
State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories.
Accounting July 10, 2023
AuditFile Announces Acquisition of Advantage Audit from Wiley
AuditFile also announced it has relaunched the Advantage Audit product as "AuditFile Advantage Audit AI."
Firm Management July 6, 2023
7 Traits of a Modern Accounting Firm
Modern firms are taking steps to ditch the billable hour quotas and address signs of burnout early on. It’s the right thing to do and ends up being good for business.
July 1, 2023
AuditFile Announces Integration With Microsoft Azure OpenAI Service
The integration enables auditors to leverage the power of AI to complete attest procedures, analyze large amounts of financial data, prepare financial statements, and aid in the assessment of risk.
Accounting June 28, 2023
Business Owners Are Poised to Invest More in Technology
Small- and medium-sized businesses (SMBs) are looking to invest $10,000 more in their suite of technology solutions this year than they were in 2022, a new study finds.
Accounting June 22, 2023
Vic.ai Launches Intelligent PO Matching, a Step Forward in Autonomous Finance
This release is the latest in Vic.ai’s end-to-end invoice processing solution, which uses AI to automate manually intensive AP tasks and elevate finance and accounting teams.
Accounting June 21, 2023
Tax, Accounting and Legal Pros are Cautiously Optimistic about Generative AI
Twenty percent of respondents said their firm or company has warned employees against the unauthorized use of generative AI at work.
Accounting June 19, 2023
Attention, Soon-to-be-Accountants: Governments Need You
A lack of accountants and auditors has left several municipalities without credit ratings. Here are a few ways to tackle this problem.
Accounting June 15, 2023
Avalara Launches Sales Tax Calculator Plugin for ChatGPT
Avalara is the first tax compliance software provider to work with OpenAI to use its protocol to build an integrated plugin for ChatGPT.
Technology June 15, 2023
EU Parliament Votes to Limit Use of AI and Ban Public Face-ID Scanning
The blanket ban, which was previously agreed by lawmakers, was up in the air after a political deal fell apart late last week.
Accounting June 12, 2023
The State of Accounting Automation
Accounting will always require some degree of human touch. The question of how much will always be a speed bump as we continue to evaluate both the potential and limitations of automation for our profession.
Firm Management June 9, 2023
Stay Ahead of the Curve: Top AI Applications for Accounting CMOs and CGOs
To demonstrate how generative AI can assist you and your team in its day-to-day grind, I’ve created this content creation example using Chat GPT’s 3.5 model.