YouTuber, podcaster and advisor Jason Staats discussed the practical issues in AI implementation for accountants during Xerocon this week.
Category: NYT Accounting News
How can CFOs build resilience while facing down challenges?
As businesses navigate turbulent economic waters, CFOs face mounting challenges in their mission to manage costs, optimize resources and maintain financial resilience.
A focus on wellbeing can be a differentiator for clients and staff
Speakers at Xero’s annual conference this week urged accountants to think more deeply about promoting mental health and wellbeing for both clients and staff.
IRS reopens voluntary disclosure to fix $1B in ERC claims
For a limited time, businesses can fix incorrect Employee Retention Credit claims without penalties or interest.
Tech news: Sage Intaact touts enhanced features for global market
Sage Intaact touts enhanced features for global market; Certinia’s Summer 2024 release focuses on efficiency; Korean payments company SentBe goes global; and other accounting tech news.
Tax Fraud Blotter: In the gutter
Host of problems; comp it; plan to fail; and other highlights of recent tax cases.
Xero’s JAX said to tame gen AI hallucinations
Diya Jolly, chief product and technology officer with Xero, touted its proprietary gen AI assistant JAX, which she said controls hallucinations for enhanced accuracy.
PCAOB sees audit deficiencies level off at largest firms, but problems remain
A new set of inspection reports of the most frequently inspected firms has been released earlier than usual.
America’s hydrogen-fueled future stalls over tax credits
Two years after a landmark climate law promised to kick-start green hydrogen production with tax credits, companies still don’t know who will qualify.
Is the ‘Trusted Advisor’ a thing of the past?
Gary Shamis traces the evolution of the “Transactional CPA” firm.