IRIS Software Deploys AI to Combat Tax Filing Errors
IRIS software has rolled out artificial intelligence capabilities designed to catch tax return errors before they reach UK tax authorities,...
AI
Digital Ledgers, Faster Decisions: The Tech Overhaul of Month-End Close Cycles
Finance teams waste up to 40% of their time on routine tasks that automation could handle; and digital ledgers are...
AI Adoption Hits 98% in Accounting, Unlocking Major Efficiency Gains
UK accounting practices are creating nearly 20,000 new jobs through AI adoption, defying automation fears while adding billions to the...
AI Bookkeeping Tools: Why Accounting Firms Are Switching to Double
The accounting profession is haemorrhaging talent at an unprecedented rate. Between 2019 and 2024, some 340,000 accountants left the profession...
The AI-Powered CFO: From Numbers to Strategic Vision
The office of the Chief Financial Officer is changing fundamentally. The AI-powered CFO now uses machine learning, automation, and real-time...
The Accounting Industry AI Market: Overview and Growth Outlook
Introduction The accounting industry AI market is expanding rapidly. Firms are adopting technologies to automate transactions. These technologies detect anomalies...
Bookkeeping profession contracts 5% amid AI growth
The bookkeeping profession faces significant disruption as artificial intelligence automates core functions that have sustained the industry for decades. The...
Top Accounting Firms Cut Graduate Roles as AI Takes Over
Graduate opportunities at the four leading accounting firms, Deloitte, PwC, Ernst and Young, and KPMG, are shrinking. Artificial intelligence is...
