Paul Griggs, CEO of PwC, said they plan to adjust billing model to factor in AI, potentially without even a human professional in the loop, and added that if any humans have a problem with it they have no place in this firm.
Category: NYT Accounting News
With AI doing more work, reviewing becomes paramount
AI can now do most of the boring work, which raises the question of what the humans will be doing. According to vendors featured during the IMA’s Technology Showcase, the answer is reviewing the work the AI does.
IRS offers $1.2B in unclaimed tax refunds for 2022
More than 1.2 million taxpayers only have until April 15 to claim a total of approximately $1.2 billion in refunds for tax year 2022.
Tech news: Deloitte and UiPath team up to launch Agentic ERP
Plus, EY announces new software development model; SAP touts new integrations, features for Concur; and other accounting tech news and updates.
Moss Adams spins off wealth management unit
The unit will now be renamed Threadline Wealth, backed by investment from the Cynosure Group, and have $5.8 billion in client assets under management
Tax Fraud Blotter: A ghost of a chance
GI series; On the eve of redemption; telecom con; and other highlights of recent tax cases.
REDW adds HR consulting agency
The Top 100 Firm acquired human resources consulting agency Soaring Bird Solutions, expanding its ability to serve tribal nations and tribal enterprises.
Accounting and tax staff worry AI threatens jobs
Finance, accounting and tax employees are feeling more threatened about their job prospects due to the rising use of artificial intelligence by employers, according to a new survey.
BDO faces investor lawsuit that could impact other firms
The yearslong lawsuit involves the investors in a defunct hedge fund who sued the auditing firm for negligence, breach of contract and breach of fiduciary duty.
Springline adds SD Mayer Advisory
The Top 100 Firm acquired SD Mayer Advisory, expanding its presence on the West Coast.