The Big Four Firm is testing new ways to make audits more efficient with artificial intelligence.
Ernst & Young has been ramping up its use of artificial intelligence technology to make its audits more thorough for clients worldwide, while turning auditors into AI developers.
Senate passes disaster tax relief bill
The Senate passed a federal disaster tax relief bill, the Doug LaMalfa Federal Disaster Tax Relief Certainty Act, by unanimous consent after a hold was lifted.
Xero announces native payroll solution
Xero Payroll completes the trifecta of accounting, payments and payroll that is key to the company’s 3×3 strategy.
Fieldguide debuts Field Financials and Fieldguide MCP
Fieldguide added new financial audit capacities to handle drafting, reviews and disclosures plus a way to connect with other AI models directly.
IRS provides guidance on retirement plan rollovers
The Internal Revenue Service and the Treasury Department offered guidance on rollovers between retirement plans and individual retirement accounts.